XML 46 R36.htm IDEA: XBRL DOCUMENT v3.19.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Line of Credit Facilities
Our available lines of credit, outstanding standby LOCs, and performance bonds were as follows:
In thousands
March 31, 2019
 
December 31, 2018
Credit facilities
 
 
 
Multicurrency revolving line of credit
$
500,000

 
$
500,000

Long-term borrowings

 

Standby LOCs issued and outstanding
(40,748
)
 
(40,983
)
Net available for additional borrowings under the multi-currency revolving line of credit
$
459,252

 
$
459,017

 
 
 
 
Net available for additional standby LOCs under sub-facility
$
259,252

 
$
259,017

 
 
 
 
Unsecured multicurrency revolving lines of credit with various financial institutions
 
 
 
Multicurrency revolving lines of credit
$
107,117

 
$
108,039

Standby LOCs issued and outstanding
(19,300
)
 
(19,386
)
Short-term borrowings
(513
)
 
(2,232
)
Net available for additional borrowings and LOCs
$
87,304

 
$
86,421

 
 
 
 
Unsecured surety bonds in force
$
111,197

 
$
94,365


Schedule of Warranty Accruals
A summary of the warranty accrual account activity is as follows:
 
Three Months Ended March 31,
In thousands
2019
 
2018
Beginning balance
$
60,443

 
$
34,862

Assumed liabilities from acquisition

 
5,742

New product warranties
1,718

 
818

Other adjustments and expirations
1,861

 
4,044

Claims activity
(6,083
)
 
(4,108
)
Effect of change in exchange rates
(407
)
 
621

Ending balance
57,532

 
41,979

Less: current portion of warranty
39,737

 
26,533

Long-term warranty
$
17,795

 
$
15,446

Warranty Expense
Warranty expense was as follows:
 
Three Months Ended March 31,
In thousands
2019
 
2018
Total warranty expense
$
1,779

 
$
4,862

Health Benefit Plan Costs and Incurred But Not Reported Accrual Balance
Plan costs were as follows:
 
Three Months Ended March 31,
In thousands
2019
 
2018
Plan costs
$
6,878

 
$
8,680


The IBNR accrual, which is included in wages and benefits payable, was as follows:
In thousands
March 31, 2019
 
December 31, 2018
IBNR accrual
$
3,234

 
$
3,643