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Note 7. Commitments and Contingent Liabilities (Tables)

12 Months Ended

Jun. 30, 2020

Commitments and Contingent Liabilities [Abstract]

Schedule of Product Warranty Liability

Changes in the product warranty accrual during fiscal years 2020, 2019, and 2018 were as follows:

(Amounts in Thousands)	2020				2019				2018
Product Warranty Liability at the beginning of the year	$	958			$	656			$	593
Additions to warranty accrual (including changes in estimates)	(271		)		361				346
Settlements made (in cash or in kind)	(40		)		(59		)		(283		)
Product Warranty Liability at the end of the year	$	647			$	958			$	656

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- Definition

Note 5. Commitments and Contingent Liabilities [Abstract]

+ References

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- Definition

Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249

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