XML 42 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2

Note 9 - Product Warranty Obligations (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Product Warranty Liability [Table Text Block]

		Three Months Ended September 30,								Nine Months Ended September 30,
		2022				2021				2022				2021
Balance at beginning of period		$	110,338			$	74,758			$	94,213			$	59,218
Product warranty reserve assumed in acquisition			-				1,085				-				1,085
Payments			(22,677	)			(10,475	)			(54,135	)			(29,536	)
Provision for warranty issued			19,076				16,527				62,169				48,521
Changes in estimates for pre-existing warranties (1)			38,571				1,089				43,061				3,696
Balance at end of period		$	145,308			$	82,984			$	145,308			$	82,984

		Three Months Ended September 30,								Nine Months Ended September 30,
		2022				2021				2022				2021
Balance at beginning of period		$	121,898			$	100,484			$	111,647			$	89,788
Deferred revenue contracts issued			10,324				11,105				31,202				31,304
Amortization of deferred revenue contracts			(5,470	)			(5,014	)			(16,097	)			(14,517	)
Balance at end of period		$	126,752			$	106,575			$	126,752			$	106,575

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]

Remainder of 2022		$	5,657
2023			24,119
2024			24,276
2025			21,395
2026			17,028
After 2026			34,277
Total		$	126,752

Product Warranty Obligations Included In Consolidated Balance Sheet [Table Text Block]

		September 30,				December 31,
		2022				2021
Product warranty liability
Current portion - accrued product warranty		$	100,451			$	59,052
Long-term portion - other long-term liabilities			44,857				35,161
Total		$	145,308			$	94,213
Deferred revenue related to extended warranties
Current portion - other accrued liabilities		$	23,237			$	20,556
Long-term portion - other long-term liabilities			103,515				91,091
Total		$	126,752			$	111,647

X

- Definition

Product warranty obligations included in consolidated balance sheet.

+ References

No definition available.

+ Details

Name:	gnrc_ProductWarrantyObligationsIncludedInConsolidatedBalanceSheetTableTextBlock
Namespace Prefix:	gnrc_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045

+ Details

Name:	us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=126907703&loc=d3e12565-110249

+ Details

Name:	us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration