XML 15 R10.htm IDEA: XBRL DOCUMENT v2.4.1.9
Product Warranties
 3 Months Ended
Mar. 31, 2015
Product Warranties Disclosures [Abstract]  
PRODUCT WARRANTIES
PRODUCT WARRANTIES
Changes in the Company’s accrual for product warranty claims during the first three months of 2015 and 2014, including customer satisfaction settlements, were as follows:
 
(Thousands of dollars)
 
 
 
 
2015
 
2014
Balance at January 1
$
27,723

 
$
26,755

Charges to expense
5,146

 
6,260

Settlements
(6,721
)
 
(7,516
)
Balance at March 31
$
26,148

 
$
25,499


For further details on the Company’s accrual for product warranty claims, see Note 1 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014.