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Warranties
6 Months Ended
Dec. 31, 2019
Product Warranties Disclosures [Abstract]  
Warranties

11.Warranties

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. Off-Line Measurement Solutions generally carry a 12-month warranty after the machine passes the acceptance test or a 15-month warranty from the date of shipment, whichever date comes first, on parts only. The Company provides reserves for warranties based on its experience and knowledge.

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

 

 

 

Six Months Ended December 31,

 

 

 

2019

 

 

2018

 

Beginning Balance at July 1,

 

$

341

 

 

$

391

 

Accruals - Current Year

 

 

158

 

 

 

331

 

Settlements/Claims (in cash or in kind)

 

 

(179

)

 

 

(460

)

Effects of Foreign Currency

 

 

(1

)

 

 

(1

)

Ending Balance at December 31,

 

$

319

 

 

$

261