Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.7.0.1
Commitments and Contingencies (Tables)
 9 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Receivables Sold Under Factoring Agreements
The following table shows total receivables sold under factoring agreements and proceeds from sales of LCs for the indicated periods:
 
Three months ended
March 31,
 
Nine months ended
March 31,
(In thousands)
2017
 
2016
 
2017
 
2016
Receivables sold under factoring agreements
$
25,528

 
$
59,505

 
$
110,503

 
$
135,105

Proceeds from sales of LCs
$
7,256

 
$
14,200

 
$
20,404

 
$
18,262

Schedule of Future Minimum Rental Payments for Operating Leases
The following is a schedule of expected operating lease payments:
Fiscal year ending June 30,
Amount
(In thousands)
2017 (remaining 3 months)
$
2,255

2018
7,094

2019
3,921

2020
2,789

2021
1,786

2022 and thereafter
3,364

Total minimum lease payments
$
21,209

Changes in Product Warranty Liability
The following table provides the changes in the product warranty accrual for the indicated periods:
 
Three months ended
March 31,
 
Nine months ended
March 31,
(In thousands)
2017
 
2016
 
2017
 
2016
Beginning balance
$
40,673

 
$
36,148

 
$
34,773

 
$
36,413

Accruals for warranties issued during the period
13,504

 
8,956

 
37,597

 
28,728

Changes in liability related to pre-existing warranties
(849
)
 
(5,304
)
 
(2,425
)
 
(8,898
)
Settlements made during the period
(9,114
)
 
(7,204
)
 
(25,731
)
 
(23,647
)
Ending balance
$
44,214

 
$
32,596

 
$
44,214

 
$
32,596