XML 30 R15.htm IDEA: XBRL DOCUMENT
v3.19.2

Note H - Warranty | 12 Months Ended
--- | ---
Jun. 30, 2019
Notes to Financial Statements |
Product Warranty Disclosure [Text Block] | H . WARRANTY The Company warrants all assembled products, parts (except component products or parts on which written warranties are issued by the respective manufacturers thereof and are furnished to the original customer, as to which the Company makes no warranty and assumes no liability) and service against defective materials or workmanship. Such warranty generally extends from periods ranging from 12 months to 24 months. The Company engages in extensive product quality programs and processes, including actively monitoring and evaluating the quality of its suppliers. However, its warranty obligation is affected by product failure rates, the number of units affected by the failure and the expense involved in satisfactorily addressing the situation. The warranty reserve is established based on the Company’s best estimate of the amounts necessary to settle future and existing claims on products sold as of the balance sheet date. When evaluating the adequacy of the reserve for warranty costs, management takes into consideration the term of the warranty coverage, historical claim rates and costs of repair, knowledge of the type and volume of new products and economic trends. While the Company believes that the warranty reserve is adequate and that the judgment applied is appropriate, such amounts estimated to be due and payable in the future could differ materially from what actually transpires. The following is a listing of the activity in the warranty reserve during the years ended June 30:
|  | 2019 |  |  | 2018 |
Reserve balance, July 1 |  | $ | 4,407 |  |  | $ | 2,062 |
Current period expense and adjustments |  |  | 2,766 |  |  |  | 4,998 |
Payments or credits to customers |  |  | (3,953 | ) |  |  | (2,671 | )
Acquisition |  |  | 557 |  |  |  | - |
Translation adjustment |  |  | (41 | ) |  |  | 18 |
Reserve balance, June 30 |  | $ | 3,736 |  |  | $ | 4,407 |
The current portion of the warranty accrual ( $3,034 and $3,952 for fiscal 2019 and 2018, respectively) is reflected in accrued liabilities, while the long-term portion ( $702 and $455 for fiscal 2019 and 2018, respectively) is included in other long-term liabilities on the consolidated balance sheets.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -URI http://asc.fasb.org/topic&trid=2155896 + Details
Name: | us-gaap_ProductWarrantyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration