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Warranties
3 Months Ended
Mar. 31, 2015
Guarantees [Abstract]  
Warranties
 Warranties

The Company has warranties with various terms ranging from 18 months for parts to 25 years for certain heat exchangers. The Company has an obligation to replace parts or service its products if conditions under the warranty are met. A provision is made for estimated warranty costs at the time the related products are sold based upon the warranty period, historical trends, new products and any known identifiable warranty issues.  

Changes in the warranty accrual are as follows:
 
 
Three months ended
 
March 31,
2015
 
March 31,
2014
Warranty accrual:
(in thousands)
Balance, beginning of period
$
8,130

 
$
7,352

Payments made
(886
)
 
(893
)
Provisions
861

 
989

Balance, end of period
$
8,105

 
$
7,448

 
 
 
 
Warranty expense:
$
861

 
$
989