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WARRANTY

12 Months Ended

Dec. 31, 2014

Product Warranties Disclosures [Abstract]

WARRANTY COSTS

WARRANTY COSTS

Changes in the warranty liability consisted of the following (amounts in thousands):

	2014				2013
Warranty liability, January 1	$	33,134			$	27,482
Acquisitions	—				222
Provision for warranty liabilities	17,672				43,335
Warranty payments made	(22,662		)		(37,905		)
Warranty liability, December 31	$	28,144			$	33,134

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 Balance Sheets.

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- Definition

The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

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