Quarterly report pursuant to Section 13 or 15(d)

Product Warranty Liability

v2.4.0.8
Product Warranty Liability
 3 Months Ended
Jun. 30, 2014
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
June 30,		  
    

2014

         

2013

  

Balance at beginning of period

      $308           $408   

Expense (income) for product warranties

      97           (20 ) 

Product warranty claims paid

      (32 )         (57 ) 
  

 

 

       

 

 

  

Balance at end of period

      $373           $331   
  

 

 

       

 

 

  

The income of $20 for product warranties in the three months ended June 30, 2013 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.