XML 72 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
WARRANTY
9 Months Ended
Sep. 30, 2012
Product Warranties Disclosures [Abstract]  
WARRANTY COSTS
WARRANTY

Changes in the warranty liability consisted of the following (amounts in thousands):
 
2012
 
2011
Warranty liability, January 1
$
17,659

 
$
12,471

Provision for warranty liabilities
23,036

 
18,052

Warranty payments made
(18,282
)
 
(14,979
)
Warranty liability, September 30
$
22,413

 
$
15,544



The Company provides limited warranties on workmanship on its products in all market segments.  The majority of the Company’s products have a limited warranty that ranges from zero to ten years, with certain products being prorated after the first year.  The Company calculates a provision for warranty expense based on past warranty experience.  Warranty accruals are included as a component of other current liabilities on the Consolidated Condensed Balance Sheets.