Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v3.24.3
Product Warranties
9 Months Ended
Sep. 28, 2024
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:
Nine Months Ended Three Months Ended
(In thousands) September 28, 2024 September 30, 2023 September 28, 2024 September 30, 2023
Balance at Beginning of Period $ 9,751  $ 8,009  $ 11,303  $ 7,705 
Warranties Issued 8,333  4,463  5,032  2,555 
Warranties Settled (2,714) (3,060) (1,012) (909)
Reassessed Warranty Exposure 39  (548) 86  (487)
Balance at End of Period $ 15,409  $ 8,864  $ 15,409  $ 8,864