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Warranties
9 Months Ended
May. 31, 2015
Warranties [Abstract]  
Warranties

 

Note 11 – Warranties

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

May 31,

 

May 31,

($ in thousands)

 

2015

 

2014

Product warranty accrual balance, beginning of period

 

$

8,467 

 

$

8,417 

Liabilities accrued for warranties during the period

 

 

1,374 

 

 

2,100 

Warranty claims paid during the period

 

 

(1,258)

 

 

(143)

Changes in estimates

 

 

(1,279)

 

 

(1,154)

Product warranty accrual balance, end of period

 

$

7,304 

 

$

9,220 

 

 

 

 

 

 

 

 

 

Nine months ended

 

 

May 31,

 

May 31,

($ in thousands)

 

2015

 

2014

Product warranty accrual balance, beginning of period

 

$

9,331 

 

$

6,695 

Liabilities accrued for warranties during the period

 

 

2,772 

 

 

5,834 

Warranty claims paid during the period

 

 

(3,466)

 

 

(2,165)

Changes in estimates

 

 

(1,333)

 

 

(1,144)

Product warranty accrual balance, end of period

 

$

7,304 

 

$

9,220