Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v2.4.1.9
Product Warranties
3 Months Ended
Apr. 04, 2015
Guarantees [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:

 

     Three Months Ended  
(In thousands)    April 4,
2015
     March 29,
2014
 

Balance at beginning of period

   $ 4,884       $ 2,796   

Acquisitions

     500         790   

Warranties issued

     738         329   

Warranties settled

     (726      (334

Reassessed warranty exposure

     76         156   
  

 

 

    

 

 

 

Balance at end of period

$ 5,472    $ 3,737