XML 32 R21.htm IDEA: XBRL DOCUMENT v3.7.0.1
14. WARRANTY ACCRUAL
12 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
WARRANTY ACCRUAL

The Company provides for the estimated costs that may be incurred under its warranty program at the time the sale is recorded.  The warranty period for products manufactured by the Company is generally one year or the warranty period agreed with the customer. 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 adjusts the amounts as necessary.

 

    For the Year Ended June 30,    
    2017     2016    
Beginning   $ 76     $ 103  
Additions charged to cost and expenses     46       80  
Utilization / reversal     (73 )     (105 )
Currency translation effect     (1 )     (2 )
Ending   $ 48     $ 76