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Warranties
3 Months Ended
May 31, 2012
Warranties [Abstract]  
Warranties

(12) Warranties

The Company generally warrants its products against certain manufacturing and other defects.  These product warranties are provided for specific periods and/or usage of the product.  The accrued product warranty costs are for a combination of specifically identified items and other incurred, but not identified items based primarily on historical experience of actual warranty claims.  This reserve is classified within other current liabilities.  The following tables provide the changes in the Company’s product warranties:

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

 

May 31,

 

$ in thousands

 

2012

 

2011

 

Warranties:

 

 

 

 

 

 

 

     Product warranty accrual balance, beginning of period

 

$

3,829

 

$

1,916

 

     Liabilities accrued for warranties during the period

 

 

1,250

 

 

1,380

 

     Warranty claims paid during the period

 

 

(946)

 

 

(717)

 

Product warranty accrual balance, end of period

 

$

4,133

 

$

2,579

 

 

 

 

 

 

 

 

 

 

 

Nine months ended

 

 

 

May 31,

 

$ in thousands

 

2012

 

2011

 

Warranties:

 

 

 

 

 

 

 

     Product warranty accrual balance, beginning of period

 

$

3,651

 

$

1,862

 

     Liabilities accrued for warranties during the period

 

 

2,985

 

 

3,065

 

     Warranty claims paid during the period

 

 

(2,503)

 

 

(2,348)

 

Product warranty accrual balance, end of period

 

$

4,133

 

$

2,579