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Product Warranty (Tables)
6 Months Ended
Jun. 30, 2016
Product Warranty  
Schedule of standard product warranty liability

 

 

 

 

 

 

 

 

 

 

Six months ended

 

 

 

June 30,

 

 

    

2016

    

2015

    

 

 

(in thousands)

 

Balance at January 1 (beginning of year)

 

$

3,555

 

$

1,526

 

Warranties issued during the period

 

 

1,551

 

 

2,230

 

Settlements made during the period

 

 

(2,399)

 

 

(1,020)

 

Changes in estimate of liability for pre-existing warranties during the period

 

 

520

 

 

344

 

Balance at June 30 (end of period)

 

$

3,227

 

$

3,080

 

 

 

 

 

 

 

 

 

Amount classified as current

 

$

2,958

 

$

2,886

 

Amount classified as long-term

 

 

269

 

 

194

 

Total warranty liability

 

$

3,227

 

$

3,080