Note 5. Commitments and Contingent Liabilities

3 Months Ended

Sep. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure

Commitments and Contingent Liabilities

The Company provides only assurance-type warranties for a limited time period, which cover workmanship and assures the product complies with specifications provided by or agreed upon with the customer. We maintain a provision for limited warranty repair or replacement of products manufactured and sold, which has been established in specific manufacturing contract agreements. We estimate product warranty liability at the time of sale based on historical repair or replacement cost trends in conjunction with the length of the warranty offered. Management refines the warranty liability periodically based on changes in historical cost trends and in certain cases where specific warranty issues become known. Product warranty liability is recorded in Accrued expenses and Other long-term liabilities on the Condensed Consolidated Balance Sheets.

Changes in the product warranty liability for the three months ended September 30, 2021 and 2020 were as follows:


	Three Months Ended
	September 30
(Amounts in Thousands)	2021		2020
Product warranty liability at the beginning of the period	$	610	$	647
Additions to warranty accrual (including changes in estimates)	(34)		249
Settlements made (in cash or in kind)	—		(2)
Product warranty liability at the end of the period	$	576	$	894