XML 46 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Product Warranties
 9 Months Ended
Sep. 30, 2012
Product Warranties [Abstract]  
Product Warranties
11. Product Warranties

The Company’s warranty reserve is to cover the products sold and is principally at our Effox subsidiary. The warranty accrual is based on historical claims information. The warranty reserve is reviewed and adjusted as necessary on a quarterly basis. Warranty accrual is not significant at the Company’s other operations due to the nature of the work which includes installation and testing. Accrued warranty expense is included in Accounts payable and accrued expenses on our condensed consolidated balance sheets, and the change in accrued warranty is summarized in the following table:

 

                                 
    Three Months Ended
September 30,		     Nine Months
Ended
September 30,		  
(dollars in thousands)   2012     2011     2012     2011  

Beginning balance

   $ 585     $ 487     $ 431     $ 455  

Provision

     52       28       263       239  

Payments

     (25 )      (213 )      (82 )      (392 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Ending balance

   $ 612     $ 302     $ 612     $ 302