XML 52 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Accrued Expenses And Other Current Liabilities
3 Months Ended
Mar. 31, 2013
Accrued Expenses And Other Current Liabilities [Abstract]  
Accrued Expenses And Other Current Liabilities

7. Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following at (in thousands):

    March 31,   December 31,
    2013   2012   2012
 
Employee compensation and benefits $ 16,288 $ 14,638 $ 18,555
Warranty   9,802   6,780   9,125
Sales rebates   5,959   5,089   5,711
Contingent consideration related to acquisitions   5,412   4,823   5,429
Other   11,865   16,706   9,235
Accrued expenses and other current liabilities $ 49,326 $ 48,036 $ 48,055

 

     Estimated costs related to product warranties are accrued at the time products are sold. In estimating its future warranty obligations, the Company considers various factors, including the Company's (i) historical warranty costs, (ii) current trends, (iii) product mix, and (iv) sales. The following table provides a reconciliation of the activity related to the Company's accrued warranty, including both the current and long-term portions, for the three months ended March 31, (in thousands):

    2013     2012  
Balance at beginning of period – current $ 9,125   $ 5,882  
Balance at beginning of period – long-term   3,604     2,758  
Balance at beginning of period – total   12,729     8,640  
Provision for warranty expense   3,499     3,054  
Warranty costs paid   (2,284 )   (1,957 )
Total accrued warranty   13,944   9,737
Less long-term portion   4,142   2,957
Current accrued warranty $ 9,802 $ 6,780