COMMITMENTS AND CONTINGENCIES Warranty and extended warranty (Policies)

3 Months Ended

Sep. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Extended Product Warranty, Policy [Policy Text Block]

Warranty and Extended Warranty

The Company records a provision for estimated future warranty costs for both return-to-factory and on-site warranties. If future actual costs to repair were to differ significantly from estimates, the impact of these unforeseen costs or cost reductions would be recorded in subsequent periods.

Separately priced extended on-site warranties and service contracts are offered for sale to customers on all product lines. The Company contracts with third-party service providers to provide service relating to on-site warranties and service contracts. Extended warranty and service contract revenue and amounts paid in advance to outside service organizations are deferred and recognized as service revenue and cost of service, respectively, over the period of the service agreement.