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Warranty (Tables)
 6 Months Ended
Jul. 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 and six months ended July 4, 2020, and June 29, 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 July 4, 2020

 

$

7,388

 

 

$

—

 

 

$

3,613

 

 

$

53

 

 

$

(3,787

)

 

$

7,267

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 29, 2019

 

$

5,981

 

 

$

—

 

 

$

3,175

 

 

$

180

 

 

$

(3,356

)

 

$

5,980

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended July 4, 2020

 

$

6,244

 

 

$

1,592

 

 

$

7,454

 

 

$

33

 

 

$

(8,056

)

 

$

7,267

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 29, 2019

 

$

6,149

 

 

$

—

 

 

$

5,995

 

 

$

208

 

 

$

(6,372

)

 

$

5,980