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Warranty
9 Months Ended
Mar. 31, 2018
Warranty [Abstract]  
Warranty

10.Warranty



Our In-Line and Near-Line Measurement Solutions generally carry a one to three-year warranty for parts and a one-year warranty for labor and travel related to warranty.  Product sales to the forest products industry carry a three-year warranty for TriCam® sensors.  Sales of ScanWorks® have a one-year warranty for parts.  Sales of WheelWorks products have a two-year warranty for parts.  We provide a reserve for warranty based on our experience and knowledge.  Our Off-Line Measurement Solutions generally carry a twelve-month warranty after the machine passes the acceptance test or a fifteen-month warranty from the date of shipment, whichever date comes first, on parts only.



Factors affecting our warranty reserve include the number of units sold or in service as well as historical and anticipated rates of claims and cost per claim.  We periodically assess the adequacy of our warranty reserve based on changes in these factors.  If a special circumstance arises which requires a higher level of warranty, we make a special warranty provision commensurate with the facts.  Changes to our warranty reserve are as follows (in thousands):





 

 

 

 

 



 

 

 



 

Nine Months Ended



 

March 31,



2018

 

2017

Beginning Balance at July 1,

$

548 

 

$

370 

Accruals - Current Year

 

712 

 

 

553 

Settlements/Claims (in cash or in kind)

 

(863)

 

 

(425)

Effects of Foreign Currency

 

 

 

(1)

Ending Balance at March 31,

$

404 

 

$

497