Product Warranties

3 Months Ended

Mar. 31, 2016

Product Warranties

Product Warranties

6.Product Warranties

The Company offers a limited warranty and a lifetime product replacement program for the Company’s silicone gel breast implants. Under the limited warranty, the Company will reimburse patients for certain out-of-pocket costs related to revision surgeries performed within ten years from the date of implantation in a covered event. Under the lifetime product replacement program, the Company provides no-charge replacement breast implants if a patient experiences a covered event. The programs are available to all patients implanted with the Company’s silicone breast implants after April 1, 2012 and are subject to the terms, conditions, claim procedures, limitations and exclusions. Timely completion of a device tracking and warranty enrollment form by the patient’s Plastic Surgeon is required to activate the programs and for the patient to be able to receive benefits under either program.

The following table provides a rollforward of the accrued warranties:

		March 31,
		2016		2015
Beginning balance	$	1,332	$	961
Payments made during the period		(4)		(7)
Changes in accrual related to warranties issued during the period		16		138
Changes in accrual related to pre-existing warranties		(1)		5
Ending balance	$	1,343	$	1,097