Quarterly report pursuant to Section 13 or 15(d)

Accounting Policies (Tables)

Accounting Policies (Tables)

6 Months Ended

Mar. 29, 2020

As of March 29, 2020 and September 29, 2019, inventory included:

	(Thousands)
	March 29, 2020			September 29, 2019
Raw Material	$	6,872		$	7,395
Work in Process		3,332			3,599
Finished Goods		319			254
Gross Inventory	$	10,523		$	11,248
Less: Inventory Reserves		(713	)		(713	)
Net Inventory	$	9,810		$	10,535

Schedule of Warranty Reserves

	Three months ended						Six months ended
	March 29, 2020			March 31, 2019			March 29, 2020		March 31, 2019
Beginning balance	$	75		$	73		$	46	$	101

Incurred costs for warranties satisfied during the period		-			(20	)		-		(27	)

Warranty Expenses:
Warranties reserved for new product shipped during the period⁽¹⁾		36			23			56		52
Change in estimate for pre-existing warranty liabilities ⁽²⁾		(6	)		15			3		(35	)
Warranty Expense		30			38			59		17

Ending balance	$	105		$	91		$	105	$	91

(1) Warranty expenses accrued to cost of sales (based on current period shipments and historical warranty return rate).

(2) Changes in estimated warranty liabilities recognized in cost of sales associated with: the period end customer returned warranty backlog, or the actual costs of repaired/replaced warranty units which were shipped to the customer during the current period.