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Accrued Expenses and Other Current Liabilities
12 Months Ended
Sep. 30, 2013
Accrued Expenses and Other Current Liabilities

12. Accrued Expenses and Other Current Liabilities:

Accrued expenses and other current liabilities consisted of the following (in thousands):

 

 

AS OF SEPTEMBER 30,

 

 

2013

 

  

2012

 

Employee bonuses             

$

  6,598

  

  

$

  5,736

  

Product warranty             

 

  1,952

  

  

 

  2,308

  

Compensated absences             

 

  1,614

  

  

 

  1,266

  

Legal and professional fees             

 

  258

  

  

 

  502

  

Payroll             

 

  923

  

  

 

  674

  

Property taxes             

 

  2,652

  

  

 

  1,386

  

Medical claims             

 

  576

  

  

 

  470

  

Other             

 

  2,065

  

  

 

  1,636

  

 

$

  16,638

  

  

$

  13,978

  

The Company is self-insured for certain losses related to employee medical claims. The Company has purchased stop-loss coverage for individual claims in excess of $150,000 per claimant per year in order to limit its exposure to any significant levels of employee medical claims. Self-insured losses are accrued based on the Company’s historical experience and on estimates of aggregate liability for uninsured claims incurred using certain actuarial assumptions followed in the insurance industry.