Annual report pursuant to Section 13 and 15(d)

Note 13. Commitments and Contingencies (Tables)

 v2.3.0.11
Note 13. Commitments and Contingencies (Tables)
 12 Months Ended
Jun. 30, 2011
Commitments and Contingencies [Abstract]  
Changes in Product Warranty Liability
The following table provides the changes in the product warranty accrual for the fiscal years ended June 30, 2011 and 2010:
 
Year ended June 30,
(In thousands)
2011
 
2010
Beginning balance
$
21,109

 
$
18,213

Accruals for warranties issued during the period
46,565

 
24,164

Changes in liability related to pre-existing warranties
(928
)
 
(2,401
)
Settlements made during the period
(25,218
)
 
(18,867
)
Ending balance
$
41,528

 
$
21,109

Schedule of Future Minimum Rental Payments for Operating Leases
The following is a schedule of expected operating lease payments: 
Year ending June 30,
Amount
(In thousands)
2012
$
7,992

2013
6,001

2014
3,889

2015
2,106

2016
1,869

2017 and thereafter
3,130

Total minimum lease payments
$
24,987

Total Receivables Sold Under Factoring Agreements
The following table shows total receivables sold under factoring agreements, proceeds from sales of LCs and related discounting fees paid for the fiscal years ended June 30, 2011 and 2010:
 
Year ended June 30,
(In thousands)
2011
 
2010
Receivables sold under factoring agreements
$
313,578

 
$
107,666

Proceeds from sales of LCs
$
140,534

 
$
37,226

Discounting fees paid on sales of LCs(1)
$
213

 
$
189