XML 71 R15.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Warranty
9 Months Ended
Dec. 31, 2019
Product Warranties Disclosures [Abstract]  
Warranty Warranty

The Company provides for estimated product warranty expenses when the related products are sold, with related liabilities included within accrued expenses and other liabilities. As warranty estimates are forecasts that are based on the best available information, primarily historical claims experience, costs of claims may ultimately differ from amounts provided. An analysis of changes in the liability for product warranties is as follows:

 
 
Quarter ended
 
Nine months ended
 
 
December 29, 2019
 
December 30, 2018
 
December 29, 2019
 
December 30, 2018
Balance at beginning of period
 
$
54,936

 
$
47,733

 
$
54,568

 
$
50,602

Current period provisions
 
7,234

 
5,603

 
21,228

 
16,620

Costs incurred
 
(7,764
)
 
(6,272
)
 
(20,939
)
 
(18,573
)
Warranty reserves of acquired businesses
 
4,967

 
7,535

 
4,967

 
7,535

Foreign currency translation adjustment
 
1,946

 
(240
)
 
1,495

 
(1,825
)
Balance at end of period
 
$
61,319

 
$
54,359

 
$
61,319

 
$
54,359