Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v2.4.0.6
Product Warranties
9 Months Ended
Sep. 30, 2012
Product Warranties [Abstract]  
Product Warranties

7) 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 29,
2012
    October 1,
2011
    September 29,
2012
    October 1,
2011
 

Balance at beginning of period

  $ 1,092     $ 1,699     $ 1,391     $ 1,390  

Warranties issued

    1,872       1,245       1,100       258  

Warranties settled

    (751     (1,759     (278     (806

Reassessed warranty exposure

    3       87       3       430  
   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of period

  $ 2,216     $ 1,272     $ 2,216     $ 1,272