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Product Warranty (Tables)
3 Months Ended
Mar. 31, 2018
Product Warranty  
Schedule of product warranty liability

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

 

March 31,

 

 

    

2018

    

2017

    

 

 

(in thousands)

 

Balance at January 1 (beginning of year)

 

$

4,502

 

$

2,666

 

Warranties issued during the period

 

 

1,540

 

 

1,166

 

Settlements made during the period

 

 

(1,334)

 

 

(454)

 

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

 

 

260

 

 

(254)

 

Balance at March 31 (end of period)

 

$

4,968

 

$

3,124

 

 

 

 

 

 

 

 

 

Amount classified as current

 

$

4,583

 

$

2,748

 

Amount classified as long-term

 

 

385

 

 

376

 

Total warranty liability

 

$

4,968

 

$

3,124