XML 32 R25.htm IDEA: XBRL DOCUMENT v3.24.3
Product Warranties and Product Repair Costs
 6 Months Ended
Aug. 31, 2024
Payables And Accruals Warranties [Abstract]  
Product Warranties and Product Repair Costs

(16) Product Warranties and Product Repair Costs

The following table provides a summary of the activity with respect to product warranties and product repair costs. The liability for product warranties is included within Accrued expenses and other current liabilities and the reserve for product repair costs is recorded as a reduction of Inventory on the Consolidated Balance Sheets.

 

 

 

Three months ended
August 31,

 

 

Six months ended
August 31,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Opening balance

 

$

6,622

 

 

$

6,953

 

 

$

6,593

 

 

$

6,759

 

Liabilities for warranties and product repair costs accrued during the period

 

 

1,023

 

 

 

723

 

 

 

2,356

 

 

 

2,025

 

Warranty claims settled and product repair costs expended during the period

 

 

(1,294

)

 

 

(1,009

)

 

 

(2,598

)

 

 

(2,117

)

Ending balance

 

$

6,351

 

 

$

6,667

 

 

$

6,351

 

 

$

6,667