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Warranty Accrual (Tables)
3 Months Ended
Mar. 31, 2013
Product Warranties Disclosures [Abstract]  
Warranty Accrual and Payment Activity

The table set forth below summarizes warranty accrual and payment activity for the three months ended March 31, 2013 and 2012. Adjustments in the three month periods ended March 31, 2013 and 2012 were not material to our operations. Furthermore, the impact of the change in our warranty expense provision rate from the first quarter of 2012 to the first quarter of 2013 did not materially affect our warranty expense or gross margin from home sales for the three months ended March 31, 2013.

 

    Three Months Ended
March 31,
 
    2013     2012  
    (Dollars in thousands)  

Balance at beginning of period

  $     23,151      $     25,525   

Expense provisions

    1,122        765   

Cash payments

    (1,475     (1,214

Adjustments

    300        -   
 

 

 

   

 

 

 

Balance at end of period

  $ 23,098      $ 25,076