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PRODUCT WARRANTIES (Tables)
6 Months Ended
Nov. 30, 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 and six months ended November 30, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

November 30,

 

 

November 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at the beginning of the period

 

$424

 

 

$505

 

 

$410

 

 

$494

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accruals for warranties issued during the period

 

 

5

 

 

 

95

 

 

 

123

 

 

 

257

 

Adjustments to previously existing warranty accruals

 

 

-

 

 

 

72

 

 

 

61

 

 

 

72

 

Consumption of reserves

 

 

(118)

 

 

(257)

 

 

(283)

 

 

(408)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at the end of the period

 

$311

 

 

$415

 

 

$311

 

 

$415