Product Warranty Provisions

6 Months Ended

Jun. 30, 2019

Product Warranties Disclosures [Abstract]

Product Warranty Provisions

10. Product Warranty Provisions

The Company’s standard policy is to warrant all capital systems against defects in material or workmanship for one year following installation. The Company’s estimate of costs to service the warranty obligations is based on historical experience and current product performance trends. A regular review of warranty obligations is performed to determine the adequacy of the reserve and adjustments are made to the estimated warranty liability as appropriate.

Accrued warranty, which is included in other accrued liabilities, consists of the following:

	June 30, 2019			December 31, 2018
Warranty accrual, beginning of the fiscal period	$	149,464		$	164,365
Accrual adjustment for product warranty		20,040			34,253
Payments made		(43,684	)		(49,154	)
Warranty accrual, end of the fiscal period	$	125,820		$	149,464