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Warranties
9 Months Ended
May 31, 2014
Warranties [Abstract]  
Warranties

Note 10 – Warranties

The following table provides the changes in the Company’s product warranties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

May 31,

 

May 31,

($ in thousands)

 

2014

 

2013

Product warranty accrual balance, beginning of period

 

$

8,417 

 

$

5,572 

    Liabilities accrued for warranties during the period

 

 

946 

 

 

2,240 

    Warranty claims paid during the period

 

 

(143)

 

 

(1,330)

Product warranty accrual balance, end of period

 

$

9,220 

 

$

6,482 

 

 

 

 

 

 

 

 

 

Nine months ended

 

 

May 31,

 

May 31,

($ in thousands)

 

2014

 

2013

Product warranty accrual balance, beginning of period

 

$

6,695 

 

$

4,848 

    Liabilities accrued for warranties during the period

 

 

4,690 

 

$

4,766 

    Warranty claims paid during the period

 

 

(2,165)

 

$

(3,132)

Product warranty accrual balance, end of period

 

$

9,220 

 

$

6,482