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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 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 thousandsSeptember 30, 2024December 31, 2023
Credit facility
Multicurrency revolving line of credit$500,000 $500,000 
Standby LOCs issued and outstanding(46,756)(59,059)
Net available for additional borrowings under the multicurrency revolving line of credit$453,244 $440,941 
Net available for additional standby LOCs under sub-facility$253,244 $240,941 
Unsecured multicurrency revolving lines of credit with various financial institutions
Multicurrency revolving lines of credit$93,562 $84,318 
Standby LOCs issued and outstanding(20,377)(21,853)
Short-term borrowings— — 
Net available for additional borrowings and LOCs$73,185 $62,465 
Unsecured surety bonds in force$247,358 $271,164 
Schedule of Warranty Accruals
A summary of the warranty accrual account activity is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
In thousands2024202320242023
Beginning balance$22,839 $25,486 $22,164 $25,698 
New product warranties1,468 1,647 4,695 5,094 
Other adjustments and expirations, net(432)(1,343)496 (1,309)
Claims activity(2,334)(2,005)(5,677)(5,935)
Effect of change in exchange rates191 (302)54 (65)
Ending balance21,732 23,483 21,732 23,483 
Less: current portion of warranty13,807 16,221 13,807 16,221 
Long-term warranty$7,925 $7,262 $7,925 $7,262 
Warranty Expense Warranty expense was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
In thousands2024202320242023
Total warranty expense$1,036 $304 $5,191 $3,785