Rendering

Component: (Network and Table)
Network
100310 - Disclosure - Summary of Significant Accounting Policies (Tables)
(http://www.geospace.com/20160930/taxonomy/role/DisclosureSummaryOfSignificantAccountingPoliciesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001001115 (http://www.sec.gov/CIK)
Accounting Policies [Abstract]Period [Axis]
2015-10-01 - 2016-09-30
Accounting Policies [Abstract]
 
Property, Plant and Equipment Estimated Useful Life

Property, plant and equipment and rental equipment are stated at cost.  Depreciation expense is calculated using the straight-line method over the following estimated useful lives:

 

 

 

Years

Rental Equipment

 

2-5

Property, plant and equipment:

 

 

Machinery and equipment

 

3-15

Buildings and building improvements

 

10-50

Other

 

5-10

 

  
Changes in Product Warranty Reserve

Changes in the product warranty reserve are reflected in the following table (in thousands):

 

Balance at October 1, 2013

 

$

1,952

 

Accruals for warranties issued during the year

 

 

324

 

Settlements made (in cash or in kind) during the year

 

 

(1,325

)

Balance at September 30, 2014

 

 

951

 

Accruals for warranties issued during the year

 

 

4,984

 

Settlements made (in cash or in kind) during the year

 

 

(3,609

)

Balance at September 30, 2015

 

 

2,326

 

Accruals for warranties issued during the year

 

 

595

 

Settlements made (in cash or in kind) during the year

 

 

(2,529

)

Balance at September 30, 2016

 

$

392