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Warranty
3 Months Ended
Sep. 30, 2013
Warranty [Abstract]  
Warranty

11.Warranty

 

Some of the Company’s products, including the newly acquired Prostiva products, are covered by warranties against defects in material and workmanship for periods of up to 24 months. The Company records a liability for warranty claims during the period of the sale. The amount of the liability is based on the trend in the historical ratio of product failure rates, material usage and service delivery costs to sales, the historical length of time between the sale and resulting warranty claim, and other factors.

 

Warranty provisions and claims for the three-months ended September 30, 2013 and 2012 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning

 

Warranty

 

Warranty

 

Ending

Three Months Ended

 

Balance

 

Provisions

 

Claims

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2013

$

58 

 

$

15 

 

$

(12)

 

$

61 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2012

$

47 

 

$

13 

 

$

(12)

 

$

48