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Warranties
9 Months Ended
May 31, 2017
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)

 

2017

 

2016

Product warranty accrual balance, beginning of period

 

$

6,938 

 

$

6,431 

Liabilities accrued for warranties during the period

 

 

2,364 

 

 

1,372 

Warranty claims paid during the period

 

 

(1,893)

 

 

(1,267)

Changes in estimates

 

 

186 

 

 

(78)

Product warranty accrual balance, end of period

 

$

7,595 

 

$

6,458 



 

 

 

 

 

 



 

Nine months ended



 

May 31,

 

May 31,

($ in thousands)

 

2017

 

2016

Product warranty accrual balance, beginning of period

 

$

7,443 

 

$

7,271 

Liabilities accrued for warranties during the period

 

 

4,225 

 

 

3,676 

Warranty claims paid during the period

 

 

(4,514)

 

 

(3,853)

Changes in estimates

 

 

441 

 

 

(636)

Product warranty accrual balance, end of period

 

$

7,595 

 

$

6,458