Quarterly report pursuant to Section 13 or 15(d)

Product Warranty Liability

v2.4.0.8
Product Warranty Liability
 6 Months Ended
Sep. 30, 2013
Guarantees [Abstract]  
Product Warranty Liability

NOTE 8 – PRODUCT WARRANTY LIABILITY:

 

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

 

     Three Months Ended
September 30,		    Six Months Ended
September 30,
         

2013

        

2012

        

2013

        

2012

Balance at beginning of period

       $331       $194        $408        $215 

Expense (income) for product warranties

       78       (3)       58        8 

Product warranty claims paid

      

(110)

      

(17)

      

(167)

      

(49)

Balance at end of period

      

$299

      

$174 

      

$299 

      

$174 

The income of $3 for product warranties in the three months ended September 30, 2012 resulted from the reversal of provisions made that were no longer required due to lower claims experience.

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