Warranty

12 Months Ended

Jul. 31, 2015

Standard Product Warranty Disclosure [Abstract]

Warranty

NOTE M Warranty

The Company provides for warranties on certain products. In addition, the Company may incur specific Customer warranty issues. Following is a reconciliation of warranty reserves (in thousands of dollars):

Balance at July 31, 2013	$	10,526
Accruals for warranties issued during the reporting period		4,339
Accruals related to pre-existing warranties (including changes in estimates)		(1,185	)
Less settlements made during the period		(4,651	)
Balance at July 31, 2014	$	9,029
Accruals for warranties issued during the reporting period		3,706
Accruals related to pre-existing warranties (including changes in estimates)		376
Less settlements made during the period		(4,548	)
Balance at July 31, 2015	$	8,563

There were no significant specific warranty matters accrued for in Fiscal 2015 or Fiscal 2014. These warranty matters are not expected to have a material impact on the Company’s results of operations, liquidity, or financial position. There were no significant settlements made in Fiscal 2015 or Fiscal 2014.