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PRODUCT WARRANTIES (Tables)
3 Months Ended
Aug. 31, 2022
PRODUCT WARRANTIES  
Liability for product warranties

The following is a summary of changes in the Company's liability for product warranties during the three months ended August 31, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended

 

 

 

August 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Balance at the beginning of the period

 

$410

 

 

$494

 

 

 

 

 

 

 

 

 

 

Accruals for warranties issued during the period

 

 

118

 

 

 

162

 

Adjustments to previously existing warranty accruals

 

 

61

 

 

 

-

 

Consumption of reserves

 

 

(165)

 

 

(151)

 

 

 

 

 

 

 

 

 

Balance at the end of the period

 

$424

 

 

$505