Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v3.21.2
Product Warranties
9 Months Ended
Oct. 02, 2021
Product Warranties Disclosures [Abstract]  
Product Warranties Product WarrantiesIn 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) October 2, 2021 September 26, 2020 October 2, 2021 September 26, 2020
Balance at Beginning of Period $ 7,018  $ 7,660  $ 6,835  $ 6,965 
Warranties Issued 3,506  1,618  1,485  95 
Warranties Settled (2,427) (1,324) (764) (16)
Reassessed Warranty Exposure (808) (596) (267) 314 
Balance at End of Period $ 7,289  $ 7,358  $ 7,289  $ 7,358