Annual report [Section 13 and 15(d), not S-K Item 405]

WARRANTY

v3.25.4
WARRANTY
 12 Months Ended
Dec. 31, 2025
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) 2025 2024 2023
Balance at Beginning of the Year $ 18,081  $ 9,751  $ 8,009 
Warranty Liabilities Acquired 995  —  — 
Warranties Issued 5,404  12,078  6,260 
Reassessed Warranty Exposure 2,066  11  (397)
Warranties Settled (5,806) (3,759) (4,121)
Balance at End of the Year $ 20,740  $ 18,081  $ 9,751 
Warranties issued includes an atypical warranty reserve for a new product launch that requires field modification that resulted in $1.4 million and $5.2 million in expense during 2025 and 2024, respectively.