Graham Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Revenue Recognition (Policies)
Notes Tables
Notes Details

Product Warranty Liability

Product Warranty Liability

9 Months Ended

Dec. 31, 2020

Guarantees [Abstract]

Product Warranty Liability

NOTE 7 – PRODUCT WARRANTY LIABILITY:

The reconciliation of the changes in the product warranty liability is as follows:

	Three Months Ended						Nine Months Ended
	December 31,						December 31,
	2020			2019			2020			2019
Balance at beginning of period	$	308		$	348		$	359		$	366
Expense for product warranties		28			67			23			96
Product warranty claims paid		(21	)		(3	)		(67	)		(50	)
Balance at end of period	$	315		$	412		$	315		$	412

The product warranty liability is included in the line item "Accrued expenses and other current liabilities" in the Condensed Consolidated Balance Sheets.