Accrued Expenses and Other Current Liabilities

12 Months Ended

Sep. 30, 2021

Accrued Expenses and Other Current Liabilities

The components of accrued expenses and other current liabilities consisted of the following:


	As of September 30,
(in thousands)	2021		2020
Compensation	$	7,192	$	6,916
Warranty	1,125		803
Legal expenses and other professional fees	152		211
Contract liabilities	364		502
Income and other taxes	104		1,265
Severance and restructuring accruals	—		17
Other	999		1,863
Accrued expenses and other current liabilities	$	9,936	$	11,577

Severance and restructuring-related accruals specifically relate to the reductions in force. Expense related to severance and restructuring accruals is included in SG&A expense on the consolidated statements of operations and comprehensive income (loss). In an effort to better align current and future business operations related to CATV product lines, in August 2019 the Company reduced its workforce and recorded $0.5 million in severance expense in the fiscal year ended September 30, 2019. In January 2020, we further reduced our workforce and recorded $0.6 million in severance expense in the fiscal year ended September 30, 2020. There was $0.1 million in severance expense recorded in the fiscal year ended September 30, 2021. As of September 30, 2021 and 2020 there was $0 and $17.0 thousand accrued.

The following table summarizes the changes in product warranty accrual accounts:


	For the Fiscal Year Ended September 30,
(in thousands)	2021		2020		2019
Balance at beginning of period	$	803	$	654	$	642
Provision for product warranty expense	505		626		186
Warranty liability assumed in acquisition liability	—		—		80
Adjustments and utilization of warranty accrual	(183)		(477)		(254)
Balance at end of period	$	1,125	$	803	$	654