XML 27 R17.htm IDEA: XBRL DOCUMENT v3.4.0.3
Product Warranties
 3 Months Ended
Mar. 31, 2016
Product Warranties Disclosures [Abstract]  
Product Warranties
PRODUCT WARRANTIES
The Company typically provides one to three-year parts and service warranties on lasers and amplifiers. Most of the Company's sales offices provide support to customers in their respective geographic areas. Warranty reserves have generally been sufficient to cover product warranty repair and replacement costs. The following table summarizes product warranty activity recorded during the three months ended March 31, 2016 and 2015.
 
 
2016
 
2015
Balance at January 1
$
28,210

 
$
19,272

Provision for warranty accrual
4,814

 
4,549

Warranty claims
(3,562
)
 
(2,588
)
Foreign currency translation
780

 
(1,437
)
 Balance at March 31
$
30,242

 
$
19,796


Accrued warranty reported in the accompanying consolidated financial statements as of March 31, 2016 and December 31, 2015 consisted of $13,501 and $14,871 in accrued expenses and other liabilities and $16,741 and $13,339 in other long-term liabilities, respectively.