Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v2.4.0.8
Product Warranties
3 Months Ended
Mar. 29, 2014
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:

 

     Three Months Ended  
(In thousands)    March 29,
2014
    March 30,
2013
 

Balance at beginning of period

   $ 2,796      $ 2,551   

Acquisitions

     790        —     

Warranties issued

     329        48   

Warranties settled

     (334     (138

Reassessed warranty exposure

     156        (10
  

 

 

   

 

 

 

Balance at end of period

   $ 3,737      $ 2,451