XML 48 R12.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 7 - Product Warranty Obligations | 9 Months Ended
--- | ---
Sep. 30, 2014
Product Warranties Disclosures [Abstract] |
Product Warranty Disclosure [Text Block] | 7. Product Warranty Obligations The Company records a liability for product warranty obligations at the time of sale to a customer based upon historical warranty experience. The Company also records a liability for specific warranty matters when they become known and are reasonably estimable. The Company also sells extended warranty coverage for certain products. The sales of extended warranties are recorded as deferred revenue, and we recognize the revenue from sales of extended warranties over the life of the contracts. The Company’s product warranty obligations, including deferred revenue related to extended warranty coverage, are included in other accrued liabilities and other long-term liabilities in the condensed consolidated balance sheets. The following is a tabular reconciliation of the product warranty liability, excluding the deferred revenue related to extended warranty coverage:
|  | Three Months E nded September 30, |  |  | Nine Months Ended September 30, |
|  | 201 4 |  |  | 201 3 |  |  | 2014 |  |  | 2013 |
Balance at beginning of period |  | $ | 32,171 |  |  | $ | 40,156 |  |  | $ | 33,734 |  |  | $ | 36,112 |
Product warranty reserve assumed in acquisition |  |  | 193 |  |  |  | - |  |  |  | 193 |  |  |  | - |
Payments |  |  | (5,672 | ) |  |  | (4,571 | ) |  |  | (16,696 | ) |  |  | (14,167 | )
Provision for warranties issued |  |  | 5,595 |  |  |  | 7,607 |  |  |  | 17,623 |  |  |  | 27,947 |
Changes in estimates for pre-existing warranties |  |  | 182 |  |  |  | (5,600 | ) |  |  | (2,385 | ) |  |  | (12,300 | )
Balance at end of period |  | $ | 32,469 |  |  | $ | 37,592 |  |  | $ | 32,469 |  |  | $ | 37,592 |
The following is a tabular reconciliation of the deferred revenue related to extended warranty coverage:
|  | Three Months E nded September 30, |  |  | Nine Months Ended September 30, |
|  | 201 4 |  |  | 201 3 |  |  | 2014 |  |  | 2013 |
Balance at beginning of period |  | $ | 25,679 |  |  | $ | 16,729 |  |  | $ | 23,092 |  |  | $ | 13,473 |
Deferred revenue on extended warranty contracts sold |  |  | 1,315 |  |  |  | 4,138 |  |  |  | 5,329 |  |  |  | 8,544 |
Amortization of deferred revenue on extended warranty contracts |  |  | (850 | ) |  |  | (600 | ) |  |  | (2,277 | ) |  |  | (1,750 | )
Balance at end of period |  | $ | 26,144 |  |  | $ | 20,267 |  |  | $ | 26,144 |  |  | $ | 20,267 |
Product warranty obligations and extended warranty related deferred revenues are included in the condensed consolidated balance sheets as follows:
|  | September 30, |  |  | December 31, |
|  | 201 4 |  |  | 201 3 |
Product warranty liability |  |  |  |  |  |  |  |
Current portion - other accrued liabilities |  | $ | 24,961 |  |  | $ | 26,080 |
Long-term portion - other long-term liabilities |  |  | 7,508 |  |  |  | 7,654 |
Total |  | $ | 32,469 |  |  | $ | 33,734 |
Deferred revenue related to extended warranty |  |  |  |  |  |  |  |
Current portion - other accrued liabilities |  | $ | 6,377 |  |  | $ | 3,325 |
Long-term portion - other long-term liabilities |  |  | 19,767 |  |  |  | 19,767 |
Total |  | $ | 26,144 |  |  | $ | 23,092 |

X
- Details
Name: | us-gaap_ProductWarrantiesDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249 + Details
Name: | us-gaap_ProductWarrantyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration