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Guarantees
12 Months Ended
Dec. 29, 2012
Guarantees
10. Guarantees

Changes in accrued warranty during the three-year period ended December 29, 2012 were as follows:

 

(in thousands)

   2012     2011     2010  

Beginning balance

   $ 6,801     $ 5,016     $ 3,747  

Warranty accruals

     4,214       10,987       6,071  

Warranty payments

     (6,323     (9,202     (4,802
  

 

 

   

 

 

   

 

 

 

Ending balance

   $ 4,692     $ 6,801     $ 5,016  
  

 

 

   

 

 

   

 

 

 

During the ordinary course of business, we provide standby letters of credit instruments to certain parties as required. At December 29, 2012, the maximum potential amount of future payments that we could be required to make under these standby letters of credit was approximately $0.6 million. We have not recorded any liability in connection with these arrangements beyond that required to appropriately account for the underlying transaction being guaranteed. We do not believe, based on historical experience and information currently available, that it is probable that any amounts will be required to be paid under these arrangements.