v3.25.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Line of Credit Facilities
Our available lines of credit, outstanding standby LOCs, and bonds were as follows:
In thousandsJune 30, 2025December 31, 2024
Credit facility
Multicurrency revolving line of credit$500,000 $500,000 
Standby LOCs issued and outstanding(45,253)(46,013)
Net available for additional borrowings under the multicurrency revolving line of credit$454,747 $453,987 
Net available for additional standby LOCs under sub-facility$254,747 $253,987 
Unsecured multicurrency revolving lines of credit with various financial institutions
Multicurrency revolving lines of credit$96,259 $87,230 
Standby LOCs issued and outstanding(25,675)(19,541)
Short-term borrowings— — 
Net available for additional borrowings and LOCs$70,584 $67,689 
Unsecured surety bonds in force$350,490 $363,097 
Schedule of Warranty Accruals
A summary of the warranty accrual account activity is as follows:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Beginning balance$22,517 $23,575 $22,141 $22,164 
New product warranties1,167 1,529 2,483 3,227 
Other adjustments and expirations, net645 (552)1,409 928 
Claims activity(3,934)(1,653)(5,773)(3,343)
Effect of change in exchange rates372 (60)507 (137)
Ending balance20,767 22,839 20,767 22,839 
Less: current portion of warranty13,312 14,612 13,312 14,612 
Long-term warranty$7,455 $8,227 $7,455 $8,227 
Warranty Expense
Warranty expense was as follows:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Total warranty expense$1,812 $977 $3,892 $4,155