Note 8. Warranties

A summary of activity in the Company’s warranty reserves follows:

	Three Months Ended						Six Months Ended
	January 31,						January 31,
	2014			2013			2014			2013

Beginning balance	$	1,261,000		$	1,438,000		$	1,261,000		$	1,667,000
Provisions	546,000			336,000			1,237,000			703,000
Settlements	(605,000		)	(542,000		)	(1,296,000		)	(1,138,000		)
Foreign currency translation	(1,000		)	—			(1,000		)	—
Ending balance	$	1,201,000		$	1,232,000		$	1,201,000		$	1,232,000

The warranty provisions and settlements for the three and six months ended January 31, 2014 and 2013 relate principally to the Company’s endoscope reprocessing and water purification equipment. Warranty reserves are included in accrued expenses in the Condensed Consolidated Balance Sheets.