Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

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):

	2016			2015
Balance — Beginning of the year	$	7,580		$	4,438
Provision for new warranty claims	1,798			5,878
Change in provision for preexisting warranty claims	389			(467		)
Deduction for payments made	(3,819		)	(2,192		)
Currency translation adjustment	(396		)	(77		)
Balance — End of year	$	5,552		$	7,580