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Product Warranty Liabilities
6 Months Ended
Jun. 30, 2013
Product Warranties Disclosures [Abstract]  
Product Warranty Liabilities
12. Product Warranty Liabilities

The Company provides for the estimated cost of product warranties at the time revenue is recognized based primarily on historical return rates, estimates of the eligible tire population and the value of tires to be replaced. The following table summarizes the activity in the Company’s product warranty liabilities:

 

     2012     2013  

Reserve at January 1

   $ 27,400      $ 30,139   

Additions

     13,104        9,712   

Payments

     (10,134     (9,323
  

 

 

   

 

 

 

Reserve at June 30

   $ 30,370      $ 30,528