Product Warranty Reserve

3 Months Ended

Mar. 31, 2016

NOTE M – PRODUCT WARRANTY RESERVE

The Company records an accrual for estimated warranty costs to Costs of products sold in the Consolidated Statements of Operations. 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.

The following is a rollforward of the product warranty reserve:


	Three Months Ended March 31
	2016			2015
Beginning of period balance	$	714		$	892
Additions charged to income		3			32
Warranty usage		(41	)		(107	)
Currency translation		12			(34	)

End of period balance	$	688		$	783