The Company offers warranties on certain products, generally a period of one to two years and records a liability for the estimated future costs associated with potential warranty claims. The warranty costs are reflected in the Company’s consolidated statements of

operations and comprehensive income within cost of revenues. The warranties are typically in effect for one year for distributors from the date of shipment and two years for direct sales from the date of delivery. The Company assesses the adequacy of its accrued warranty liabilities and adjusts the amounts as necessary based on historical experience factors and changes in future estimates. Historical factors include product failure rates, material usage and service delivery costs incurred in correcting product failures. In certain circumstances, the Company may have recourse from its contract manufacturers for replacement cost of defective products, which it also factors into its warranty liability assessment.


	Nine Months Ended March 31,
	2025		2024
Beginning balance	$	10,825	$	8,745
Accruals for warranties issued during the period	11,728		9,463
Changes in liability for pre-existing warranties during the period	(847)		887
Settlements made during the period	(9,766)		(8,752)
Ending balance	$	11,940	$	10,343