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Product Warranty Reserve
 12 Months Ended
Dec. 31, 2012
Product Warranty Reserve [Abstract]  
Product Warranty Reserve

Note N—Product Warranty Reserve

The Company records an accrual for estimated warranty costs to costs of products sold in the Consolidated Statements of Income. These amounts are recorded in Accrued expenses and other liabilities in the Consolidated Balance Sheets. The Company records and accounts for its warranty reserve based on specific claim incidents. Should the Company become aware of a specific potential warranty claim for which liability is probable and reasonably estimable, a specific charge is recorded and accounted for accordingly. Adjustments are made quarterly to the accruals as claim information changes. During the second quarter of 2011, the Company accepted certified product from a supplier which later failed in the field. The Company has taken responsibility to expedite correcting the situation and as such, the Company increased the warranty reserve by $1.8 million during the second quarter of 2011. As of December 31, 2012, $1.6 million has been paid related to this warranty claim.

 

The following is a rollforward of the product warranty reserve:

 

                         
    2012     2011     2010  

Balance at January 1

   $ 824     $ 536     $ 209  

Additions charged to income

     1,384       1,968       403  

Warranty usage

     (983 )      (1,467 )      (108 ) 

Currency translation

     4       (213 )      32  
   

 

 

    

 

 

    

 

 

  

Balance at December 31

   $ 1,229     $ 824     $ 536