Graham Corporation Annual report pursuant to Section 13 and 15(d)

Product Warranty Liability

12 Months Ended

Mar. 31, 2023

Note 6 – Product Warranty Liability:

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


	Year ended March 31,
	2023			2022
Balance at beginning of year	$	441		$	626
BN warranty accrual acquired		—			169
Expense for product warranties		364			386
Product warranty claims paid		(227	)		(740	)
Balance at end of year	$	578		$	441

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