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Product Warranty (Tables)
12 Months Ended
Dec. 31, 2024
Product Warranty  
Schedule of product warranty liability

 

Year ended December 31,

    

2024

    

2023

    

2022

 

(in thousands)

 

Balance at January 1 (beginning of year)

$

16,757

$

10,487

$

6,924

Warranties issued during the period

 

11,263

 

12,893

 

10,597

Settlements made during the period

 

(12,160)

 

(10,230)

 

(6,798)

Changes in estimate of liability for pre-existing warranties during the period

 

(677)

 

3,607

 

(236)

Balance at December 31 (end of period)

$

15,183

$

16,757

$

10,487

Amount classified as current

$

13,022

$

14,098

$

8,299

Amount classified as long-term (within other long-term liabilities)

 

2,161

 

2,659

 

2,188

Total warranty liability

$

15,183

$

16,757

$

10,487