XML 55 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
Warranty
 9 Months Ended
Mar. 29, 2015
Standard Product Warranty Disclosure [Abstract]  
Warranty
Warranty

The Company recognizes the cost associated with its standard warranty on Engines and Products at the time of sale. The general warranty period begins at the time of sale and typically covers two years, but may vary due to product type and geographic location. The amount recognized is based on historical failure rates and current claim cost experience. The following is a reconciliation of the changes in accrued warranty costs for the reporting period (in thousands):
 
 
Nine Months Ended
 
 
March 29,
2015
 
March 30,
2014
Beginning Balance
 
$
44,744

 
$
45,037

Payments
 
(20,106
)
 
(20,336
)
Provision for Current Year Warranties
 
22,493

 
20,889

Changes in Estimates
 
(46
)
 
(616
)
Ending Balance
 
$
47,085

 
$
44,974