Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v2.4.0.8
Product Warranties
9 Months Ended
Sep. 28, 2013
Guarantees [Abstract]  
Product Warranties

7) Product Warranties

In the ordinary course of business, the Company warrants its products against defects in design, materials and workmanship typically over periods ranging from twelve to sixty months. The Company determines warranty reserves needed by product line based on experience and current facts and circumstances. Activity in the warranty accrual is summarized as follows:

 

     Nine months ended     Three Months Ended  
(In thousands)    September 28,
2013
    September 29,
2012
    September 28,
2013
    September 29,
2012
 

Balance at beginning of period

   $ 2,551      $ 1,092      $ 2,584      $ 1,391   

Warranties issued

     356        1,872        23        1,100   

Warranties settled

     (618     (751     (202     (278

Reassessed warranty exposure

     (133     3        (249     3   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of period

   $ 2,156      $ 2,216      $ 2,156      $ 2,216