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Significant Accounting Policies (Tables)
9 Months Ended
Jun. 30, 2014
Changes in Warranty Reserve

Most of the Company’s products do not require installation assistance or sophisticated instructions. The Company offers a standard product warranty obligating it to repair or replace equipment with manufacturing defects. The Company maintains a reserve for future warranty costs based on historical experience or, in the absence of historical product experience, management’s estimates. Reserves for future warranty costs are included within accrued expenses and other current liabilities on the consolidated balance sheets. Changes in the warranty reserve are reflected in the following table (in thousands):

 

Balance at October 1, 2013

$

1,952

 

Accruals for warranties issued during the period

 

236

 

Settlements made (in cash or in kind) during the period

 

(925

)

Balance at June 30, 2014

$

1,263