XML 33 R18.htm IDEA: XBRL DOCUMENT v3.2.0.727
Product Warranties (Notes)
9 Months Ended
Jun. 30, 2015
Product Warranties [Abstract]  
Standard Product Warranty, Policy [Policy Text Block]
Product Warranties

The Company provides for the estimated cost of product warranties at the time revenue is recognized.  While the Company engages in product quality programs and processes, including monitoring and evaluating the quality of its component suppliers, its warranty obligation is affected by product failure rates, material usage and service delivery costs incurred in correcting a product failure.  Should actual product failure rates, material usage or service delivery costs differ from its estimates, revisions to the estimated warranty liability may be required.

Changes in the Company's warranty liability (included in accrued expenses) for the three and nine month periods ended June 30, 2015 and 2014 were as follows and include the balances and activity of IQinVision, Inc. for periods subsequent to the merger date of August 29, 2014:
 
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
Balance at beginning of period
 
$
836,000

 
$
362,000

 
$
849,000

 
$
411,000

Provision for warranties
 
117,000

 
49,000

 
366,000

 
113,000

Expenses incurred
 
(120,000
)
 
(48,000
)
 
(382,000
)
 
(161,000
)
Balance at end of period
 
$
833,000

 
$
363,000

 
$
833,000

 
$
363,000