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Contingencies
9 Months Ended
Sep. 30, 2011
Contingencies [Abstract] 
Contingencies
(14) Contingencies

We are involved in various investigations, lawsuits, claims, demands, environmental compliance programs and other legal proceedings arising out of or incidental to the conduct of our business. While it is not possible to determine the ultimate disposition of each of these matters, we do not believe that their ultimate disposition will have a material adverse effect on our financial position, results of operations or cash flows.

Product Warranties

We generally sell products with a limited warranty. We accrue for known warranty claims if a loss is probable and can be reasonably estimated. We also accrue for estimated warranty claims incurred based on a historical claims charge analysis. Claims accrued but not yet paid amounted to $2.7 million at December 31, 2010 and $2.3 million at September 30, 2011. The following table presents the activity in this accrual for the nine months ended September 30, 2011 (dollars in thousands):

 

Balance at January 1, 2011

   $  2,653   

Product warranty adjustments

     190   

Payments and settlements

     (527
  

 

 

 

Balance at September 30, 2011

   $ 2,316