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WARRANTIES
 9 Months Ended
Sep. 30, 2014
Product Warranties Disclosures [Abstract]  
WARRANTIES
WARRANTIES
 
A reconciliation of the changes in the product warranty accrual, which is included in accrued expenses, is as follows (in thousands):
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Balance at the beginning of period
$
3,409

 
$
3,249

 
$
3,601

 
$
3,432

Warranties issued
538

 
787

 
1,750

 
2,182

Warranty settlement costs
(665
)
 
(577
)
 
(1,797
)
 
(1,905
)
Changes in accruals for pre-existing warranties
67

 
(248
)
 
(217
)
 
(718
)
Other adjustments(1)
589

 
—

 
589

 
332

Currency translation adjustments
(130
)
 
117

 
(118
)
 
5

Balance at the end of period
$
3,808

 
$
3,328

 
$
3,808

 
$
3,328

____________________
(1) 
Represents the warranty liabilities assumed in connection with the Voumard acquisition in 2014 and the Forkardt acquisition in 2013. Refer to Note 2. "Acquisitions" for details.