Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v2.4.0.6
Product Warranties
6 Months Ended
Jun. 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:

 

                                 
    Six months ended     Three Months Ended  
(In thousands)   June 30,
2012
    July 2,
2011
    June 30,
2012
    July 2,
2011
 
         

Balance at beginning of period

  $ 1,092     $ 1,699     $ 1,448     $ 1,657  

Warranties issued

    772       987       246       448  

Warranties settled

    (473     (953     (303     (408

Reassessed warranty exposure

    —         (343     —         (307
   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of period

  $ 1,391     $ 1,390     $ 1,391     $ 1,390