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Note 9 - Warranties
6 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Product Warranty Disclosure [Text Block]
9
)     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 from continuing operations, which are recorded as a component of accrued liabilities, as of
December 31, 2018
and
June 30, 2018
were as follows (in thousands):
 
   
December 31
,
2018
   
June 30,
201
8
 
Balance at beginning of year
  $
4,966
    $
4,667
 
Acquisitions and other
   
(111
)    
(138
)
Warranty expense
   
2,345
     
6,248
 
Warranty claims
   
(2,488
)    
(5,811
)
Balance at end of period
  $
4,712
    $
4,966