XML 30 R16.htm IDEA: XBRL DOCUMENT v3.24.0.1
Accrued Warranty
 12 Months Ended
Dec. 30, 2023
Guarantees and Product Warranties [Abstract]  
Accrued Warranty

9. Accrued Warranty

 

The Company warrants its products against defect for 12 months, however, for certain products a customer may purchase an extended warranty. A provision for estimated future costs and estimated returns for credit relating to such warranty is recorded in the period when product is shipped and revenue is recognized and is updated as additional information becomes available. The Company’s estimate of future costs to satisfy warranty obligations is based primarily on historical warranty expense experienced and a provision for potential future product failures. In 2022, the Company increased its warranty reserves due to quality issues. Changes in the accrued warranty for fiscal years ended 2023, 2022 and 2021 are as follows:

 

   December 30, 2023   December 31, 2022   December 25, 2021 
   Fiscal Year Ended 
   December 30, 2023   December 31, 2022   December 25, 2021 
Beginning balance  $1,966,000   $517,000   $508,000 
Additions   802,000    2,329,000    791,000 
Claim and reversals   (608,000)   (880,000)   (782,000)
Ending Balance  $2,160,000   $1,966,000   $517,000