Quarterly report pursuant to Section 13 or 15(d)

ACCRUED WARRANTY

v3.8.0.1
ACCRUED WARRANTY
 6 Months Ended
Sep. 30, 2017
Product Warranties Disclosures [Abstract]  
ACCRUED WARRANTY
ACCRUED WARRANTY
The following table details the changes in the accrued warranty balance (in thousands):
 
Three Months Ended
 
Six Months Ended
 
September 30, 2017
 
September 30, 2016
 
September 30, 2017
 
September 30, 2016
Beginning balance
$
3,161

 
$
3,444

 
$
3,263

 
$
3,430

Additional warranties
1,445

 
1,783

 
2,916

 
3,782

Adjustments for warranties in prior fiscal years
(75
)
 
86

 
(79
)
 
225

Settlements
(1,581
)
 
(1,942
)
 
(3,150
)
 
(4,066
)
Ending balance
$
2,950

 
$
3,371

 
$
2,950

 
$
3,371


We warrant our products against certain defects typically for a term of one to three years. A provision for estimated future costs and estimated returns for repair or replacement relating to warranty is recorded when products are shipped and revenue is recognized. Our estimate of future costs to satisfy warranty obligations is primarily based on historical trends and, if believed to be significantly different from historical trends, estimates of future failure rates and future costs of repair. Future costs of repair include related materials, labor and overhead. If we determine in a future period that either actual failure rates or actual costs of repair were to differ from our estimates, we record the impact of those differences in that future period.