Quarterly report pursuant to Section 13 or 15(d)

Product Warranties

v2.4.0.8
Product Warranties
 6 Months Ended
Jun. 29, 2013
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:

 

     Six months ended     Three Months Ended  
(In thousands)    June 29,
2013		     June 30,
2012		     June 29,
2013		     June 30,
2012		  

Balance at beginning of period

    $ 2,551      $ 1,092      $ 2,451      $ 1,448   

Warranties issued

      333        772        285        246   

Warranties settled

      (416 )      (473 )      (278 )      (303 ) 

Reassessed warranty exposure

      116        —          126        —     
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance at end of period

    $ 2,584      $ 1,391      $ 2,584      $ 1,391