Annual report pursuant to Section 13 and 15(d)

Commitments

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Commitments
12 Months Ended
Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]  
Commitments
15. Commitments

In addition to the leased warehouse and office space described in Note 13 above, the Company leases additional warehouse facilities from unrelated third parties under operating leases.

 

Minimum future rental commitments for all of the Company’s real property leases approximate the following (in thousands):

 

Fiscal years ending June 30,    
     
2018   $ 636  
2019     418  
2020     472  
2021     171  
2022     49  
    Total   $ 1,746  

 

 

Rent expense under these leases totaled approximately $381,000 and $190,000 for fiscal 2017 and 2016, respectively.

 

  The Company, through its manufacturers, provides parts warranties for products sold.  These warranties are mainly the responsibility of the manufacturer.  As such, warranty-related expenses are insignificant to the Company’s consolidated financial statements.