Product Warranties

3 Months Ended

Mar. 31, 2018

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, materials, or workmanship. Allowances have been established for the anticipated future costs associated with the Corporation's warranty programs.

A warranty allowance is determined by recording a specific allowance for known warranty issues and an additional allowance for unknown claims expected to be incurred based on historical claims experience. Actual claims incurred could differ from the original estimates, requiring adjustments to the allowance. Activity associated with warranty obligations was as follows (in thousands):



	Three Months Ended
	March 31, 2018			April 1, 2017
Balance at beginning of period	$	15,388		$	15,250
Accruals for warranties issued during period	5,992			5,540
Adjustments related to pre-existing warranties	68			(116		)
Settlements made during the period	(6,010		)	(5,548		)
Balance at end of period	$	15,438		$	15,126

The current and long-term portions of the allowance for estimated settlements are included within "Accounts payable and accrued expenses" and "Other Long-Term Liabilities", respectively, in the Condensed Consolidated Balance Sheets. The following table summarizes when these estimated settlements are expected to be paid (in thousands):



	March 31, 2018		December 30, 2017
Current - in the next twelve months	$	9,512	$	9,524
Long-term - beyond one year	5,926		5,864
Total estimated settlements	$	15,438	$	15,388