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

 

 

 

 

 

 

 

 

 

 

Nine months ended

 

 

 

September 30,

 

 

    

2016

    

2015

    

 

 

(in thousands)

 

Balance at January 1 (beginning of year)

 

$

3,555

 

$

1,526

 

Warranties issued during the period

 

 

2,286

 

 

3,543

 

Settlements made during the period

 

 

(3,570)

 

 

(1,611)

 

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

 

 

551

 

 

345

 

Balance at September 30 (end of period)

 

$

2,822

 

$

3,803

 

 

 

 

 

 

 

 

 

Amount classified as current

 

$

2,597

 

$

3,532

 

Amount classified as long-term

 

 

225

 

 

271

 

Total warranty liability

 

$

2,822

 

$

3,803