Financial Guarantees and Commitments

3 Months Ended

Mar. 31, 2013

Financial Guarantees and Commitments [Abstract]

NOTE 7: FINANCIAL GUARANTEES AND COMMITMENTS

Significant financial guarantees and other commercial commitments are as follows:



Financial Guarantees and Commitments	March 31,		December 31,
(Amounts in thousands)	2013		2012
Product warranty reserves	$	1,767	$	1,914
Letters of credit outstanding	4,766		5,424
Other financial guarantees	3,063		3,192
Total financial guarantees and commitments	$	9,596	$	10,530

See also Note 5 regarding guarantees of debt.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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