Warranty terms are based on the negotiated railcar sale, rebody or conversion contract, as applicable. The Company generally warrants that new railcars produced by it will be free from defects in material and workmanship under normal use and service identified for a period of up to five years from the time of sale. Changes in the warranty reserve for the three months ended March 31, 2024 and 2023 are as follows:


	March 31,
	2024			2023

Balance at the beginning of the year	$	1,602		$	1,940
Current year provision		169			251
Reductions for payments, costs of repairs and other		(173	)		(186	)
Adjustments to prior warranties		(130	)		(71	)
Balance at the end of the year	$	1,468		$	1,934

Adjustments to prior warranties include changes in the warranty reserve for warranties issued in prior periods due to expiration of the warranty period, revised warranty cost estimates and other factors.