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Product Warranty (Tables)
6 Months Ended
Jun. 30, 2018
Product Warranty  
Schedule of product warranty liability

 

 

 

 

 

 

 

 

 

 

Six months ended

 

 

 

June 30,

 

 

    

2018

    

2017

    

 

 

(in thousands)

 

Balance at January 1 (beginning of year)

 

$

4,502

 

$

2,666

 

Warranties issued during the period

 

 

3,124

 

 

2,577

 

Settlements made during the period

 

 

(2,892)

 

 

(1,090)

 

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

 

 

411

 

 

(281)

 

Balance at June 30 (end of period)

 

$

5,145

 

$

3,872

 

 

 

 

 

 

 

 

 

Amount classified as current

 

$

4,698

 

$

3,537

 

Amount classified as long-term

 

 

447

 

 

335

 

Total warranty liability

 

$

5,145

 

$

3,872