Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v2.4.0.8
Product Warranties
 6 Months Ended
Jun. 28, 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:

 

     Six Months Ended     Three Months Ended  

(In thousands)

    June 28,
2014		     June 29,
2013		     June 28,
2014		     June 29,
2013		  

Balance at beginning of period

    $ 2,796      $ 2,551      $ 3,737      $ 2,451   

Acquisitions

      790        —          —          —     

Warranties issued

      876        333        547        285   

Warranties settled

      (803 )      (416 )      (469 )      (278 ) 

Reassessed warranty exposure

      266        116        110        126   
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance at end of period

    $ 3,925      $ 2,584      $ 3,925      $ 2,584