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This excerpt taken from the XIDE 10-K filed Jun 29, 2005. Warranty and Returns
The Company recognizes the estimated cost of warranty and returns as a reduction of sales in the period in which the related revenue is recognized. These estimates are based upon historical trends and claims experience, and include assessment of the anticipated lag between the date of sale and claim/return date.
This excerpt taken from the XIDE 10-K filed Mar 1, 2005. Warranty and Returns
The Company recognizes the estimated cost of warranty and returns as a reduction of sales in the period in which the related revenue is recognized. These estimates are based upon historical trends and claims experience, and include assessment of the anticipated lag between the date of sale and claim/return date.
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