BIOLASE, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Accrued Liabilities

Accrued Liabilities

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Accrued Liabilities

NOTE 8—ACCRUED LIABILITIES

Accrued liabilities are comprised of the following (in thousands):

	September 30,		December 31,
	2018		2017
Payroll and benefits	$	2,368	$	2,115
Warranty accrual, current portion		1,005		1,120
Taxes		575		544
Accrued professional services		1,324		584
Accrued insurance premium		54		870
Other		540		376
Total accrued liabilities	$	5,866	$	5,609

Changes in the initial product warranty accrual and the expenses incurred under the Company’s initial and extended warranties for the three and nine months ended September 30, 2018 and 2017 are included within accrued liabilities on the Consolidated Balance Sheets and were as follows (in thousands):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2018			2017			2018			2017
Initial warranty accrual, beginning balance	$	1,359		$	1,285		$	1,190		$	1,706
Provision for estimated warranty cost		203			190			827			192
Warranty expenditures		(182	)		(325	)		(637	)		(748	)
		1,380			1,150			1,380			1,150
Less warranty accrual, long-term		375			107			375			107
Total warranty accrual, current portion	$	1,005		$	1,043		$	1,005		$	1,043

The Company’s Waterlase laser systems sold worldwide are covered by a warranty against defects in material and workmanship for a period of up to 16 months from the date of sale by the Company or a distributor to the end-user. The Company’s Diode systems sold worldwide are covered by a warranty against defects in material and workmanship for a period of up to 28 months from the date of sale by the Company or a distributor to the end-user.