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Product Warranties
9 Months Ended
Sep. 30, 2025
Product Warranties Disclosures [Abstract]  
Product Warranties

Note 8 – Product Warranties

 

Warranty terms are based on the negotiated railcar sale, rebody or conversion contract, as applicable. Changes in the warranty reserve for the nine months ended September 30, 2025 and 2024 are as follows:

 

 

 

 

For the Nine Months Ended September 30,

 

 

 

 

 

2025

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

Balance at the beginning of the period

 

 

$

2,389

 

 

 

$

1,602

 

 

Current year provision

 

 

 

397

 

 

 

 

511

 

 

Reductions for payments, costs of repairs and other

 

 

 

(1,507

)

 

 

 

(340

)

 

Adjustments to prior warranties

 

 

 

718

 

 

 

 

(280

)

 

Balance at the end of the period

 

 

$

1,997

 

 

 

$

1,493

 

 

 

 

 

 

 

 

 

 

 

 

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.