XML 13 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note C - Product Warranties
3 Months Ended
Mar. 31, 2013
Product Warranty Disclosure [Text Block]
NOTE C - PRODUCT WARRANTIES

A liability is established for estimated future warranty and service claims based on historical claims experience and specific product failures.  The Company expenses warranty costs directly to cost of products sold.  Changes in the Company’s product warranty liability are:

(Thousands of dollars)
 
March 31,
 
   
2013
   
2012
 
Balance at beginning of year
  $ 1,133     $ 1,228  
Provision
    354       86  
Claims
    (324 )     (311 )
Balance at end of period
  $ 1,163     $ 1,003