Product Warranties

9 Months Ended

Sep. 30, 2023

Product Warranties Disclosures [Abstract]

We provide product warranties with varying terms and durations for the majority of our products. We estimate our warranty reserve by considering historical and projected warranty claims, historical and projected cost-per-claim, and knowledge of specific product issues that are outside our typical experience. We record warranty expense in cost of sales in the unaudited condensed consolidated statements of operations and comprehensive income (loss). Product warranty claims not expected to occur within one year are included as part of other long-term liabilities in the unaudited condensed consolidated balance sheets.

The following table represents changes in our consolidated warranty reserve:


Balance at December 31, 2022	$	4.1
Acquired warranty reserve	34.0
Accrued warranty expense	1.7
Changes in estimates related to pre-existing warranties	(0.9)
Cost of warranty service work performed	(6.2)
Warranties transferred to held for sale	(0.3)
Foreign exchange translation effect	(0.6)
Balance at September 30, 2023	$	31.8