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Legal Actions And Contingencies
12 Months Ended
Jun. 30, 2014
Legal Actions And Contingencies [Abstract]  
Legal Actions And Contingencies

(19)       Legal Actions and Contingencies

 

Litigation

 

In the normal course of business, we are subject to routine litigation incidental to our business.  While the results of this litigation cannot be predicted with certainty, we believe that their final outcome will not, individually or in aggregate, have a material adverse effect on our consolidated financial statements taken as a whole.

 

Contingent Obligations Under Recourse Provisions

 

We use independent leasing companies to provide financing to certain customers for the purchase of our products.  In some cases, we are contingently liable in the event of a customer default, to the leasing companies, within certain limits, for unpaid installment receivables transferred to the leasing companies.  The gross amount of receivables sold during the fiscal years 2014 and 2013, amounted to $6.6 million and $1.0  million, respectively.  The maximum potential amount of contingent liability under these arrangements at June 30, 2014 and June 30, 2013 were $4.9 million, and $0.3 million, respectively.  The recourse liability recognized by us at June 30, 2014 and June 30, 2013, in relation to these arrangements was  $0.5 million and $0.2 million, respectively.