Annual report pursuant to Section 13 and 15(d)

WARRANTY

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WARRANTY
 12 Months Ended
Dec. 31, 2023
Guarantees [Abstract]  
WARRANTY WARRANTY
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, which is included in Other Accrued Expenses on the Consolidated Balance Sheets, is summarized as follows:
(In thousands) 2023 2022 2021
Balance at Beginning of the Year $ 8,009  $ 8,183  $ 7,018 
Warranties Issued 6,260  3,407  6,083 
Reassessed Warranty Exposure (397) (65) (1,474)
Warranties Settled (4,121) (3,516) (3,444)
Balance at End of the Year $ 9,751  $ 8,009  $ 8,183