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Accrued Warranty
6 Months Ended
Jun. 30, 2016
Accrued Warranty  
Accrued Warranty

8.Accrued Warranty

 

The Company establishes reserves for future product warranty costs that are expected to be incurred pursuant to specific warranty provisions with its customers. The Company generally warrants its products against defects between one and five years from date of shipment, depending on the product. The warranty reserves are established at the time of sale and updated throughout the warranty period based upon numerous factors including historical warranty return rates and expenses over various warranty periods. Historically, warranty returns have not been material.

 

The following summarizes the activity in the Company’s accrual for product warranty (in thousands):

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2016

 

2015

 

Balance at beginning of period

 

  $

228

 

  $

373

 

Accrued warranty expense

 

142

 

219

 

Warranty claims paid

 

(90)

 

(225)

 

Translation adjustment

 

(36)

 

(25)

 

 

 

 

 

 

 

Balance at end of period

 

  $

244

 

  $

342