Note D - Product Warranties

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Product Warranty Disclosure [Text Block]

NOTE D - PRODUCT WARRANTIES

A liability is established for estimated future warranty and service claims based on historical claims experience and specific product failures. The Company expenses warranty costs directly to cost of products sold. Changes in the Company’s product warranty liability are:

	June 30,
(Dollars in thousands)	2016			2015
Balance at beginning of year	$	1,380		$	1,189
Provision		1,160			734
Claims		(884	)		(727	)
Balance at end of period	$	1,656		$	1,196