9. Warranties and Indemnities
The Company generally offers a one-year limited warranty for its Flash memory products. Changes in the Company's liability for product warranty during the three and six months ended June 26, 2011 are as follows:
| |
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 26, 2011 |
|
| |
|
(in thousands) |
|
|
Balance at beginning of period |
|
$ |
1,285 |
|
|
$ |
1,766 |
|
|
Provision for warranties issued |
|
|
452 |
|
|
|
784 |
|
|
Settlements |
|
|
(720 |
) |
|
|
(1,265 |
) |
|
Changes in liability for pre-existing warranties during the period |
|
|
(404 |
) |
|
|
(672 |
) |
| |
|
|
|
|
|
|
|
|
|
Balance at end of period |
|
$ |
613 |
|
|
$ |
613 |
|
| |
|
|
|
|
|
|
|
|
Changes in the Company's liability for product warranty during the three and six months ended June 27, 2010 are as follows:
| |
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 27, 2010 |
|
| |
|
(in thousands) |
|
|
Balance at beginning of period (Predecessor) |
|
$ |
3,619 |
|
|
$ |
3,841 |
|
|
Provision for warranties issued |
|
|
761 |
|
|
|
1,694 |
|
|
Settlements |
|
|
(727 |
) |
|
|
(852 |
) |
|
Changes in liability for pre-existing warranties during the period |
|
|
(484 |
) |
|
|
(1,514 |
) |
| |
|
|
|
|
|
|
|
|
|
Balance at May 10, 2010 (Predecessor) |
|
$ |
3,169 |
|
|
$ |
3,169 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
Balance at beginning of period (Successor) |
|
$ |
3,169 |
|
|
$ |
3,169 |
|
|
Provision for warranties issued |
|
|
594 |
|
|
|
594 |
|
|
Settlements |
|
|
(158 |
) |
|
|
(158 |
) |
|
Changes in liability for pre-existing warranties during the period |
|
|
(187 |
) |
|
|
(187 |
) |
| |
|
|
|
|
|
|
|
|
|
Balance at June 27, 2010 (Successor) |
|
$ |
3,418 |
|
|
$ |
3,418 |
|
| |
|
|
|
|
|
|
|
| |