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Warranty
12 Months Ended
May 31, 2016
Guarantees [Abstract]  
Warranty


NOTE 7 Warranty

A reconciliation of accrued warranty is as follows:

 

     Year ended May 31,  
      2016      2015  
     (Dollars in thousands)  

Balance at the beginning of the period

   $ 6,911       $ 5,697   

Accruals for warranties

     6,898         8,395   

Settlements made during the period

     (6,492      (7,181
  

 

 

    

 

 

 

Balance at the end of the period

     7,317         6,911   

Non-current balance

     2,500         2,400   
  

 

 

    

 

 

 

Accrued warranty

   $ 4,817       $ 4,511   
  

 

 

    

 

 

 

At May 31, 2016, the total current obligation for warranty and related expenses associated with discontinued operations is estimated to be $150,000 as compared $642,000 at May 31, 2015.