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Product Warranty Accrual
12 Months Ended
Jun. 30, 2012
Product Warranty Accrual

J. Product Warranty Accrual

All of the Company’s product sales generally include a 12 month standard hardware warranty. At the time of product shipment, the Company accrues the estimated cost to repair or replace potentially defective products. Estimated warranty costs are based upon prior actual warranty costs for substantially similar transactions and other specifically identified warranty matters. Product warranty accrual is included as part of accrued expenses in the accompanying consolidated balance sheets. The following table presents the changes in the Company’s product warranty accrual.

 

     Fiscal
2012
    Fiscal
2011
    Fiscal
2010
 

Beginning balance at July 1,

   $ 894      $ 1,186      $ 1,750   

Accruals for warranties issued during the period

     2,445        970        997   

Settlements made during the period

     (1,979     (1,262     (1,561
  

 

 

   

 

 

   

 

 

 

Ending balance at June 30,

   $ 1,360      $ 894      $ 1,186