Product Warranty Liabilities

9 Months Ended

Sep. 30, 2014

Guarantees [Abstract]

Product Warranty Liabilities

13. 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:

	2013			2014
Reserve at January 1	$	30,139		$	30,853
Additions		15,032			13,983
Payments		(13,350	)		(14,886	)
Reserve at September 30	$	31,821		$	29,950