Warranties
 9 Months Ended
Apr. 30, 2017
Warranties  
Warranties

Note 9.Warranties

 

A summary of activity in the warranty reserves follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

April 30, 

 

April 30, 

 

 

    

2017

    

2016

 

2017

    

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

2,667,000

 

$

1,967,000

 

$

2,575,000

 

$

1,740,000

 

Acquisitions

 

 

 —

 

 

 —

 

 

121,000

 

 

28,000

 

Provisions

 

 

1,336,000

 

 

1,505,000

 

 

4,421,000

 

 

3,264,000

 

Settlements

 

 

(1,245,000)

 

 

(887,000)

 

 

(4,344,000)

 

 

(2,365,000)

 

Foreign currency translation

 

 

5,000

 

 

9,000

 

 

(10,000)

 

 

(73,000)

 

Ending balance

 

$

2,763,000

 

$

2,594,000

 

$

2,763,000

 

$

2,594,000

 

 

The warranty provisions for the three and nine months ended April 30, 2017 and 2016 relate principally to the Company’s endoscope reprocessing and water purification equipment. Warranty reserves are included in accrued expenses in the Condensed Consolidated Balance Sheets.