MRVL » Topics » Warranty accrual

This excerpt taken from the MRVL 10-Q filed Jul 2, 2007.

Warranty accrual

The Company’s products are generally subject to warranty, which provides for the estimated future costs of repair, replacement or customer accommodation upon shipment of the product in the accompanying statements of operations. The Company’s products typically carry a standard 90-day warranty with certain exceptions in which the warranty period can range from one to five years. The warranty accrual is estimated based on historical claims compared to historical revenues and assumes that the Company will have to replace products subject to a claim. For new products, the Company uses a historical percentage for the appropriate class of product.

This excerpt taken from the MRVL 10-Q filed Jul 2, 2007.

Warranty accrual

The Company’s products are generally subject to warranty, which provides for the estimated future costs of repair, replacement or customer accommodation upon shipment of the product in the accompanying statements of operations. The Company’s products typically carry a standard 90-day warranty with certain exceptions in which the warranty period can range from one to five years. The warranty accrual is estimated based on historical claims compared to historical revenues and assumes that the Company will have to replace products subject to a claim. For new products, the Company uses a historical percentage for the appropriate class of product.

This excerpt taken from the MRVL 10-Q filed Jul 2, 2007.

Warranty accrual

The Company’s products are generally subject to warranty, which provides for the estimated future costs of repair, replacement or customer accommodation upon shipment of the product in the accompanying statements of operations. The Company’s products typically carry a standard 90-day warranty with certain exceptions in which the warranty period can range from one to five years. The warranty accrual is estimated based on historical claims compared to historical revenues and assumes that the Company will have to replace products subject to a claim. For new products, the Company uses a historical percentage for the appropriate class of product.

This excerpt taken from the MRVL 10-Q filed Jun 8, 2006.

Warranty accrual

The following table presents changes in the warranty accrual included in accrued liabilities during the three months ended April 30, 2006 and 2005 (in thousands):

 

 

April 30,
2006

 

April 30,
2005

 

Warranty accrual (included in accrued liabilities):

 

 

 

 

 

Beginning balance

 

$

3,914

 

$

1,571

 

Warranties issued

 

339

 

1,044

 

Settlements

 

(30

)

(196

)

Ending balance

 

$

4,223

 

$

2,419

 

 

This excerpt taken from the MRVL 10-K filed Apr 13, 2006.

Warranty accrual

The following table presents changes in the warranty accrual included in accrued liabilities in the Company’s consolidated balance sheet during fiscal 2006, 2005 and 2004, respectively (in thousands):

 

 

January 31,

 

 

 

2006

 

2005

 

2004

 

Beginning balance

 

$

1,571

 

$

812

 

$

526

 

Payments and other charges

 

3,670

 

1,545

 

1,160

 

Charges to cost of goods sold

 

(1,327

)

(786

)

(874

)

Payments and other charges

 

$

3,914

 

$

1,571

 

$

812

 

 

87




MARVELL TECHNOLOGY GROUP LTD
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

This excerpt taken from the MRVL 10-Q filed Dec 7, 2005.

Warranty accrual

 

The following table presents changes in the warranty accrual during the nine months ended October 31, 2005 and 2004, (in thousands):

 

 

 

October 31,
2005

 

October 31,
2004

 

Warranty accrual (included in accrued liabilities):

 

 

 

 

 

Beginning balance

 

$

1,571

 

$

812

 

Warranties issued

 

2,647

 

513

 

Settlements

 

(415

)

(528

)

Ending balance

 

$

3,803

 

$

797

 

 

This excerpt taken from the MRVL 10-Q filed Sep 8, 2005.

Warranty accrual

 

The following table presents changes in the warranty accrual during the six months ended July 31, 2005 and 2004, (in thousands):

 

 

 

July 31,
2005

 

July 31,
2004

 

Warranty accrual (included in accrued liabilities):

 

 

 

 

 

Beginning balance

 

$

1,571

 

$

812

 

Warranties issued

 

1,942

 

513

 

Settlements

 

(332

)

(528

)

Ending balance

 

$

3,181

 

$

797

 

 

This excerpt taken from the MRVL 10-Q filed Jun 9, 2005.

Warranty accrual

 

The following table presents changes in the warranty accrual during the three months ended April 30, 2005 and 2004, (in thousands):

 

 

 

April 30,
2005

 

April 30,
2004

 

Warranty accrual (included in accrued liabilities):

 

 

 

 

 

Beginning balance

 

$

1,571

 

$

812

 

Warranties issued

 

1,044

 

322

 

Settlements

 

(196

)

(405

)

Ending balance

 

$

2,419

 

$

729

 

 

"Warranty accrual" elsewhere:

Citrix Systems (CTXS)
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