Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Estimated Useful Lives

For financial reporting purposes, depreciation is computed using the straight-line method over the following estimated useful lives:

Buildings and improvements	15 to 40 years
Machinery and equipment	3 to 20 years
Tools and dies	3 to 7 years
Computer hardware and software	3 to 5 years

Summary of Warranty Provision

The following presents a summary of the warranty provision for the years ended December 31 (in thousands):

	2015			2014
Balance — Beginning of the year	$	4,438		$	4,529
Provision for new warranty claims	5,878			3,285
Change in provision for preexisting warranty claims	(467		)	563
Deduction for payments made	(2,192		)	(3,900		)
Currency translation adjustment	(77		)	(39		)
Balance — End of year	$	7,580		$	4,438