Product Warranties

3 Months Ended

Jan. 31, 2013

(5) Product Warranties

As of January 31, 2013 and October 31, 2012, the Company's accrual for estimated product warranty claims totaled $210,000 and $250,000, respectively, and is included in accounts payable and accrued expenses. Warranty claims recovery for the three months ended January 31, 2013 totaled $9,656. Warranty claims expense for the three months ended January 31, 2012 totaled $17,732.

The following table summarizes the changes in the Company's accrual for product warranties during the three months ended January 31, 2013 and 2012:


		Three Months Ended
		January 31,
		2013			2012

Balance at beginning of period	$	250,000		$	175,000
Liabilities accrued for warranties issued during the period		139,834			68,719
Warranty claims and costs paid during the period		(30,344	)		(34,732	)
Changes in liability for pre-existing warranties during the period		(149,490	)		(50,987	)
Balance at end of period	$	210,000		$	158,000