Annual report pursuant to Section 13 and 15(d)

Product Warranty Liability

v3.4.0.3
Product Warranty Liability
12 Months Ended
Mar. 31, 2016
Guarantees [Abstract]  
Product Warranty Liability

Note 5 – Product Warranty Liability:

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

 

 

 

Year ended March 31,

 

 

 

2016

 

 

2015

 

Balance at beginning of year

 

$

653

 

 

$

308

 

Expense for product warranties

 

 

336

 

 

 

930

 

Product warranty claims paid

 

 

(303

)

 

 

(585

)

Balance at end of year

 

$

686

 

 

$

653

 

 

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