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Product Warranty Accrual
3 Months Ended
Jun. 30, 2012
Product Warranty Accrual

11. Product Warranty Accrual

The following is a reconciliation of the change in the aggregate accrual for product warranty:

 

     Fiscal quarter ended  

(In thousands)

   Jun 30, 2012     Jul 2, 2011  

Product warranty accrual, beginning

   $ 4,187      $ 4,415   

Warranty charges incurred, net

     (2,044     (2,151

Provision for warranty charges

     2,402        2,444   
  

 

 

   

 

 

 

Product warranty accrual, ending

   $ 4,545      $ 4,708   
  

 

 

   

 

 

 

Net warranty charges incurred include labor charges and costs of replacement parts for system repairs under warranty. These costs are recorded net of any estimated cost recoveries resulting from either successful repair of damaged parts or from warranties offered by the Company’s suppliers for defective components. The provision for warranty charges reflects the estimate of future anticipated net warranty costs to be incurred for all products under warranty at quarter end and is recorded to cost of sales.