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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Line of Credit Facilities
Our available lines of credit, outstanding standby LOCs, and bonds were as follows:
In thousandsJune 30, 2024December 31, 2023
Credit facility
Multicurrency revolving line of credit$500,000 $500,000 
Standby LOCs issued and outstanding(46,763)(59,059)
Net available for additional borrowings under the multicurrency revolving line of credit$453,237 $440,941 
Net available for additional standby LOCs under sub-facility$253,237 $240,941 
Unsecured multicurrency revolving lines of credit with various financial institutions
Multicurrency revolving lines of credit$89,856 $84,318 
Standby LOCs issued and outstanding(20,221)(21,853)
Short-term borrowings— — 
Net available for additional borrowings and LOCs$69,635 $62,465 
Unsecured surety bonds in force$263,331 $271,164 
Schedule of Warranty Accruals
A summary of the warranty accrual account activity is as follows:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2024202320242023
Beginning balance$23,575 $24,831 $22,164 $25,698 
New product warranties1,529 1,817 3,227 3,447 
Other adjustments and expirations, net(552)723 928 34 
Claims activity(1,653)(1,943)(3,343)(3,930)
Effect of change in exchange rates(60)58 (137)237 
Ending balance22,839 25,486 22,839 25,486 
Less: current portion of warranty14,612 17,847 14,612 17,847 
Long-term warranty$8,227 $7,639 $8,227 $7,639 
Warranty Expense Warranty expense was as follows:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2024202320242023
Total warranty expense$977 $2,540 $4,155 $3,481