Note 14: Product Warranties
Changes in accrued warranty costs were as follows:
|
|
Three months ended December 31,
|
|
|
|
2022
|
|
|
2021
|
|
Beginning balance
|
|
$
|
6.2
|
|
|
$
|
5.6
|
|
Warranties recorded at time of sale
|
|
|
0.9
|
|
|
|
1.1
|
|
Adjustments to pre-existing warranties
|
|
|
(0.3
|
)
|
|
|
(0.3
|
)
|
Settlements
|
|
|
(1.4
|
)
|
|
|
(1.1
|
)
|
Reclassified from held for sale
|
|
|
- |
|
|
|
1.3 |
|
Effect of exchange rate changes
|
|
|
0.3
|
|
|
|
-
|
|
Ending balance
|
|
$
|
5.7
|
|
|
$
|
6.6
|
|
|
|
Nine months
ended December 31,
|
|
|
|
2022
|
|
|
2021
|
|
Beginning balance
|
|
$
|
6.3
|
|
|
$
|
5.2
|
|
Warranties recorded at time of sale
|
|
|
4.2
|
|
|
|
4.1
|
|
Adjustments to pre-existing warranties
|
|
|
(0.8
|
)
|
|
|
(0.8
|
)
|
Settlements
|
|
|
(3.8
|
)
|
|
|
(3.2
|
)
|
Reclassified from held for sale
|
|
|
- |
|
|
|
1.3 |
|
Effect of exchange rate changes
|
|
|
(0.2
|
)
|
|
|
-
|
|
Ending balance
|
|
$
|
5.7
|
|
|
$
|
6.6
|
|
|