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Warranties
12 Months Ended
Dec. 31, 2011
Warranties and Commitments and Contingencies [Abstract]  
Warranties

NOTE 7. Warranties

Reserves are recorded on the consolidated balance sheet to reflect our contractual liabilities relating to warranty commitments to customers. Historically, estimates of warranty commitments have not differed materially from actual results; however, unanticipated product quality issues could result in material changes to estimates in future periods. Changes in the carrying amount and accrued product warranty costs for the years ended December 31, 2011, 2010 and 2009 are summarized as follows:

 

         
(in millions)      

Balance at January 1, 2009

  $ 6.6  

Current year accruals for warranties

    5.2  

Adjustments to preexisting warranties

    (1.5

Settlements of warranty claims (in cash or in kind)

    (5.4

Effect of foreign currency translation

    0.2  
   

 

 

 

Balance at December 31, 2009

  $ 5.1  
   

 

 

 

Current year accruals for warranties

    6.8  

Adjustments to preexisting warranties

    0.4  

Settlements of warranty claims (in cash or in kind)

    (6.3

Effect of foreign currency translation

    (0.1
   

 

 

 

Balance at December 31, 2010

  $ 5.9  
   

 

 

 

Current year accruals for warranties

    6.5  

Settlements of warranty claims (in cash or in kind)

    (5.6

Effect of foreign currency translation

    (0.3
   

 

 

 

Balance at December 31, 2011

  $ 6.5  
   

 

 

 

Warranty expenses were $6.2 million, $7.1 million and $3.9 million for the years ended December 31, 2011, 2010 and 2009, respectively. At December 31, 2011, $5.7 million was included in current liabilities and $0.8 million was included in non-current liabilities. At December 31, 2010, $5.3 million was included in current liabilities and $0.6 million was included in non-current liabilities.