Quarterly report [Sections 13 or 15(d)]

Product Warranties

v3.25.1
Product Warranties
3 Months Ended
Mar. 29, 2025
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, which is included in Accrued Expenses and Other Current Liabilities on the Consolidated Condensed Balance Sheets, is summarized as follows:
Three Months Ended
(In thousands) March 29, 2025 March 30, 2024
Balance at Beginning of Period $ 18,081  $ 9,751 
Warranties Issued 907  1,489 
Warranties Settled (1,320) (746)
Reassessed Warranty Exposure (57) 28 
Balance at End of Period $ 17,611  $ 10,522