Product Warranties

9 Months Ended

Oct. 03, 2015

Product Warranties Disclosures [Abstract]

The Corporation issues certain warranty policies on its office furniture and hearth products that provide for repair or replacement of any covered product or component that fails during normal use because of a defect in design or workmanship. Reserves have been established for the various costs associated with the Corporation's warranty programs.

A warranty reserve is determined by recording a specific reserve for known warranty issues and an additional reserve for unknown claims that are expected to be incurred based on historical claims experience. Actual claims incurred could differ from the original estimates, requiring adjustments to the reserve. Activity associated with warranty obligations was as follows during the periods noted:



	Nine Months Ended
(In thousands)	October 3, 2015			September 27, 2014
Balance at beginning of period	$	16,719		$	13,840
Accruals for warranties issued during period	14,764			11,577
Adjustments related to pre-existing warranties	(230		)	(54		)
Settlements made during the period	(15,372		)	(10,901		)
Balance at end of period	$	15,881		$	14,462

The portion of the reserve for estimated settlements expected to be paid in the next twelve months was $7.9 million and $7.0 million as of October 3, 2015 and September 27, 2014, respectively, and is included in "Accounts payable and accrued expenses" in the Condensed Consolidated Balance Sheets. The portion of the reserve for settlements expected to be paid beyond one year was $8.0 million and $7.4 million, as of October 3, 2015 and September 27, 2014, respectively, and is included in "Other Long-Term Liabilities" in the Condensed Consolidated Balance Sheets.