WARRANTY RESERVES

9 Months Ended

Jun. 26, 2020

Product Warranties Disclosures [Abstract]

WARRANTY RESERVES

NOTE 7—WARRANTY RESERVES  

IEC generally warrants its products and workmanship for up to twelve months from date of sale. As an offset to warranty claims, the Company is sometimes able to obtain reimbursement from suppliers for warranty-related costs or losses. Based on historical warranty claims experience and in consideration of sales trends, a reserve is maintained for estimated future warranty costs to be incurred on products and services sold through the balance sheet date. The warranty reserve is included in other accrued expenses on the condensed consolidated balance sheets.

A summary of additions to and charges against IEC’s warranty reserves during the period follows: 

	Nine Months Ended
Warranty Reserve	June 26, 2020		June 28, 2019
(in thousands)
Reserve, beginning of period	$	165	$	173
Provision	4		65
Warranty costs	(38)		(89)
Reserve, end of period	$	131	$	149