| ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES |
9. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
June 30, |
|
|
|
2026 |
|
|
2025 |
|
Warranty |
|
$ |
31,221 |
|
|
$ |
25,712 |
|
Dealer incentives |
|
|
16,700 |
|
|
|
14,727 |
|
Compensation and related accruals |
|
|
9,440 |
|
|
|
5,787 |
|
Contract liabilities |
|
|
4,760 |
|
|
|
1,968 |
|
Inventory repurchase contingent obligation |
|
|
1,514 |
|
|
|
1,649 |
|
Self-insurance |
|
|
2,205 |
|
|
|
1,200 |
|
Other |
|
|
7,425 |
|
|
|
4,139 |
|
Total accrued expenses and other current liabilities |
|
$ |
73,265 |
|
|
$ |
55,182 |
|
Accrued warranty liability activity was as follows:
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
June 30, |
|
|
|
2026 |
|
|
2025 |
|
Balance at the beginning of the period |
|
$ |
25,712 |
|
|
$ |
25,486 |
|
Acquired in business combination |
|
|
6,467 |
|
|
|
— |
|
Provisions |
|
|
7,595 |
|
|
|
6,429 |
|
Payments made |
|
|
(7,481 |
) |
|
|
(8,614 |
) |
Changes for pre-existing warranties |
|
|
(1,072 |
) |
|
|
2,411 |
|
Balance at the end of the period |
|
$ |
31,221 |
|
|
$ |
25,712 |
|
|