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Warranty Reserves
9 Months Ended
Sep. 27, 2025
Product Warranties Disclosures [Abstract]  
Warranty Reserves

7. Warranty Reserves

The Company accrues for estimated future warranty costs at the time products are sold. The Company provides standard warranties to its retail partners and end-users. The standard warranty generally provides for products to be free from defects in materials or worksmanship, and the warranty period is generally one to two years from the date of shipment, while certain aviation, marine, and auto OEM products have a standard warranty period of two years or more from the date of installation. The Company’s estimates of costs to service its warranty obligations are based on historical experience and management’s expectations and judgments of future conditions, with most claims resolved within a year of the sale. The following reconciliation presents details of the changes in the Company's accrued warranty costs:

 

 

13-Weeks Ended

 

 

39-Weeks Ended

 

 

 

September 27, 2025

 

 

September 28, 2024

 

 

September 27, 2025

 

 

September 28, 2024

 

Balance - beginning of period

 

$

71,197

 

 

$

58,253

 

 

$

62,473

 

 

$

55,738

 

Accrual for products sold (1)

 

 

27,196

 

 

 

19,039

 

 

 

80,470

 

 

 

64,334

 

Expenditures

 

 

(26,673

)

 

 

(19,309

)

 

 

(71,223

)

 

 

(62,089

)

Balance - end of period

 

$

71,720

 

 

$

57,983

 

 

$

71,720

 

 

$

57,983

 

 

(1) Changes in cost estimates related to pre-existing warranties were not material and are aggregated with accruals for new warranty contracts in the ‘accrual for products sold’ line.