Commitments and Contingencies

3 Months Ended

Sep. 30, 2013

Commitments and Contingencies

Note 15. Commitments and Contingencies

The Company records a warranty reserve as a charge against earnings based on a percentage of sales utilizing actual warranty claims over the last twelve months. The following table summarizes the change in the carrying value of the Company’s warranty reserve, which is a component of Other accrued liabilities in the Company’s Condensed Consolidated Balance Sheets, as of and for the three months ended September 30, 2013 ($000):

	Three Months Ended
	September 30, 2013
Balance – beginning of period	$	1,661
Payments made during the period		(630	)
Additional warranty liability recorded during the period		466
Warranty liability assumed through acquisition of Laser Enterprise		1,037
Balance – end of period	$	2,534