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Note 8 - Warranties
 3 Months Ended
Sep. 30, 2015
Product Warranties Disclosures [Abstract]  
Product Warranty Disclosure [Text Block]

8)     Warranties


The expected cost associated with warranty obligations on our products is recorded as a component of Cost of sales when the revenue is recognized. The Company’s estimate of warranty cost is based on contract terms and historical warranty loss experience that is periodically adjusted for recent actual experience. Since warranty estimates are forecasts based on the best available information, claims costs may differ from amounts provided. Adjustments to initial obligations for warranties are made as changes in the obligations become reasonably estimable.


The changes in warranty reserve, which are recorded as a component of accrued liabilities, for the three months ended September 30, 2015 and year ended June 30, 2015 were as follows (in thousands):


   

September 30, 2015

    

June 30, 2015

  

Balance at beginning of year

   $ 7,436     $ 6,941  

Acquisitions and other

     -       3  

Warranty expense

     3,884       11,086  

Warranty claims

     (3,144 )     (10,594 )

Balance at end of period

   $ 8,176     $ 7,436