Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.24.2.u1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Changes in Aggregate Product Warranty Liabilities

The following table identifies the changes in the Company’s aggregate product warranty liabilities for the three-month and twelve-month periods ended June 30, 2024 and December 31, 2023, respectively:

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Product warranty liability at beginning of period

 

$

23,478

 

 

$

19,913

 

Accruals for warranties issued

 

 

5,601

 

 

 

9,843

 

Adjustments related to preexisting warranties (including changes in estimates)

 

 

1,469

 

 

 

5,014

 

Settlements made (in cash or in kind)

 

 

(4,892

)

 

 

(11,292

)

Product warranty liability at end of period

 

$

25,656

 

 

$

23,478