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Warranty (Tables)
 3 Months Ended
Apr. 04, 2020
Guarantees And Product Warranties [Abstract]  
Summary of Current Period Charges, Adjustments to Previous Estimates, Settlements representing Actual Costs Incurred with regard to Accrued Warranty

The following table summarizes current period charges, adjustments to previous estimates, if necessary, as well as settlements, which represent actual costs incurred during the period for the three months ended April 4, 2020, and March 30, 2019. The reserve is determined through specific identification and assessing Company history. Expected future obligations are discounted to a current value using a risk-free rate for obligations with similar maturities.

 

 

 

Beginning

 

 

 

 

 

 

Charged

 

 

 

 

 

 

 

 

 

 

End of

 

Accrued Warranty

 

of Period

 

 

Acquired

 

 

to Expense

 

 

Adjustments

 

 

Settlements

 

 

Period

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months Ended April 4, 2020

 

$

6,244

 

 

$

1,592

 

 

$

3,841

 

 

$

(20

)

 

$

(4,269

)

 

$

7,388

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 30, 2019

 

$

6,149

 

 

$

—

 

 

$

2,820

 

 

$

28

 

 

$

(3,016

)

 

$

5,981