Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v3.23.1
Product Warranties
3 Months Ended
Apr. 01, 2023
Guarantees [Abstract]  
Product Warranties 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) April 1, 2023 April 2, 2022
Balance at Beginning of Period $ 8,009  $ 8,183 
Warranties Issued 780  785 
Warranties Settled (1,337) (163)
Reassessed Warranty Exposure (51) (756)
Balance at End of Period $ 7,401  $ 8,049