Ok... The warranty is one yr for manufacturing defects. After the one yr warranty, if there are any more manufacturnig fault, they will replace for you at a small fee. I got my silver Oakley minute replaced for a brand new pair last week due to manufacturing fault. It was bought 7 yrs ago but they gave me a new pair for $35! But if you break it or any fault other than manufacturing, they wont cover.
PS: Anyone interested in the brand new replacement minute for half the outside price