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WARRANTY ACCRUAL
12 Months Ended
Jun. 30, 2012
Warranty Accrual  
Note 9 - WARRANTY ACCRUAL (In Thousands)

The Company provides for the estimated costs that may be incurred under its warranty program at the time the sale is recorded.  The Company provides warranty for products manufactured in the term of one year.  The Company estimates the warranty costs based on the historical rates of warranty returns. The Company periodically assesses the adequacy of its recorded warranty liability and records the amounts as necessary.

 

    For the Year Ended June 30,  
    2012     2011  
Beginning   $ 29     $ 113  
Additions charged to cost and expenses     32       51  
Recovered     --       (74 )
Actual usage     --       (70 )
Currency translation effect     (1 )     9  
Ending   $ 60     $ 29