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Warranties
6 Months Ended
Feb. 29, 2016
Warranties [Abstract]  
Warranties

Note 10 – Warranties

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

February 29,

 

February 28,

($ in thousands)

 

2016

 

2015

Product warranty accrual balance, beginning of period

 

$

6,285 

 

$

9,174 

Liabilities accrued for warranties during the period

 

 

586 

 

 

439 

Warranty claims paid during the period

 

 

(725)

 

 

(1,068)

Changes in estimates

 

 

285 

 

 

(78)

Product warranty accrual balance, end of period

 

$

6,431 

 

$

8,467 

 

 

 

 

 

 

 

 

 

Six months ended

 

 

February 29,

 

February 28,

($ in thousands)

 

2016

 

2015

Product warranty accrual balance, beginning of period

 

$

7,271 

 

$

9,331 

Liabilities accrued for warranties during the period

 

 

1,944 

 

 

1,397 

Warranty claims paid during the period

 

 

(2,586)

 

 

(2,208)

Changes in estimates

 

 

(198)

 

 

(53)

Product warranty accrual balance, end of period

 

$

6,431 

 

$

8,467