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Contingent Liabilities (Tables)
12 Months Ended
Dec. 31, 2012
Contingent Liabilities [Abstract]  
Reconciliation of Product Liability Reserve

Balance Sheet Roll-forward for Product Liability Reserve

 

                Cash Payments        
   

Balance

Beginning

of Year (a)

    Accrued
Legal
Expense
(Income)
(b)
    Legal Fees
(c)
    Settlements
(d)
    Balance End
of Year (a)
 
                               
2010     2,082       (834 )     (64 )     (162 )     1,022  
                                         
2011     1,022       755       (31 )     -       1,746  
                                         
2012     1,746       (633 )     (52 )     (4 )     1,057  

 

Notes

 

  (a) The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.

 

  (b) The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.

 

  (c) Legal fees represent payments to outside counsel related to product liability matters.

 

  (d) Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

 

  (e) Insurance expense represents the cost of insurance premiums.

 

Schedule of Product Liability Expense

Income Statement Detail for Product Liability Expense

 

    Accrued
Legal
Expense (b)
    Insurance
Premium
Expense (e)
    Total
Product
Liability
Expense
 
                   
2010     (834 )     843       9  
                         
2011     755       862       1,617  
                         
2012     (633 )     810       177  

 

Notes

 

  (a) The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.

 

  (b) The expense accrued in the liability is for legal fees only. In 2010 and 2012, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.

 

  (c) Legal fees represent payments to outside counsel related to product liability matters.

 

  (d) Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.

 

  (e) Insurance expense represents the cost of insurance premiums.