WARRANTY

The following table represents the rollforward of our accrued warranty obligation and deferred warranty revenue activity for the fiscal years ended November 1, 2015 and November 2, 2014 (in thousands):



	November 1, 2015			November 2, 2014
Beginning balance	$	23,685		$	22,673
Warranties sold	2,525			3,241
Revenue recognized	(2,657		)	(2,229		)
Cost incurred and other(1)	1,609			—
Ending balance	$	25,162		$	23,685

(1)

Represents the preliminary fair value of accrued warranty obligations in the amount of $1.6 million assumed in the CENTRIA Acquisition. CENTRIA offers weathertightness warranties to certain customers. Weathertightness warranties are offered in various configurations for terms from five to twenty years, prorated or non-prorated and on a dollar limit or no dollar limit basis, as required by the buyer. These warranties are available only if certain conditions, some of which relate to installation, are met.