Organization, Basis of Presentation, and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2017

Accounts Payable, Accrued Liabilities, and Other Liabilities

The Company’s accrued expenses consist of the following as of June 30, 2017 and 2016:



	As of June 30,
	2017		2016
Warranties	$	10,050	$	8,083
Dealer incentives	3,295		4,016
Accrued compensation	4,262		2,647
Accrued legal and professional fees	2,569		462
Accrued litigation	—		3,268
Accrued interest	18		32
Other accrued expenses	1,422		547
Total accrued expenses	$	21,616	$	19,055

Property and Equipment

Depreciation on leasehold improvements is computed using the straight-line method based on the lesser of the remaining lease term or the estimated useful life and depreciation of equipment is computed using the straight-line method over the estimated useful life as follows:



		Years
Building		20
Leasehold improvements		Shorter of useful life or lease term
Machinery and equipment		3-5
Furniture and fixtures		3-5

Property and equipment, net consisted of the following



	As of June 30,
	2017			2016
Land	$	367		$	254
Leasehold improvements	11,009			7,168
Machinery and equipment	22,844			20,035
Furniture and fixtures	3,536			2,765
Construction in process	3,646			356
	41,402			30,578
Less accumulated depreciation	(17,279		)	(12,765		)
	$	24,123		$	17,813

Dealer Incentives

Changes in the Company’s accrual for dealer rebates were as follows:



	As of June 30,
	2017			2016
Balance at beginning of year	$	3,912		$	3,165
Add: Additions to dealer rebate incentive provision	12,960			6,440
Less: Dealer rebates paid	(13,694		)	(5,693		)
Balance at end of year	$	3,178		$	3,912

Changes in the Company’s accrual for flooring financing were as follows:



	As of June 30,
	2017			2016
Balance at beginning of year	$	104		$	—
Add: Additions to flooring provision	4,288			3,407
Less: Flooring paid	(4,275		)	(3,303		)
Balance at end of year	$	117		$	104