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WARRANTIES
9 Months Ended
Sep. 30, 2011
WARRANTIES 
WARRANTIES

NOTE 7.  WARRANTIES

 

A reconciliation of the changes in our product warranty accrual is as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2011

 

 

2010

 

 

2011

 

 

2010

 

 

 

(in thousands)

 

Balance at beginning of period

 

$

3,995

 

 

$

2,766

 

 

$

3,297

 

 

$

2,470

 

Warranties issued

 

951

 

 

1,168

 

 

3,146

 

 

3,040

 

Warranty settlement costs

 

(763)

 

 

(541)

 

 

(1,945)

 

 

(1,371)

 

Changes in accruals for pre-existing warranties

 

(322)

 

 

(329)

 

 

(823)

 

 

(1,012)

 

Currency translation adjustment

 

(193)

 

 

163

 

 

(7)

 

 

100

 

Balance at end of period

 

$

3,668

 

 

$

3,227

 

 

$

3,668

 

 

$

3,227

 

 

Warranty liabilities are reported as accrued expenses on our consolidated balance sheets.