| Schedule of Warranty Activities |
The Company’s warranty obligation activities were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | (In thousands) | | Warranty obligations, beginning of period | $ | 204,207 | | | $ | 203,447 | | | $ | 214,043 | | | $ | 192,889 | | | | | Accruals for warranties issued during period | 6,026 | | | 7,609 | | | 11,284 | | | 14,918 | | | | | | | | | | | | | | | Expense (benefit) from changes in estimates | (302) | | | 5,509 | | | (7,705) | | | 13,230 | | | | | Settlements | (4,782) | | | (6,677) | | | (10,260) | | | (13,259) | | | | | Increase due to accretion expense | 3,370 | | | 3,246 | | | 6,882 | | | 6,306 | | | | Change in discount rate(1) | (3,332) | | | (5,715) | | | (3,332) | | | (5,715) | | | | Change in profit element and risk premium(1) | — | | | — | | | (3,526) | | | 781 | | | | | Other | (1,981) | | | (1,333) | | | (4,180) | | | (3,064) | | | | | Warranty obligations, end of period | 203,206 | | | 206,086 | | | 203,206 | | | 206,086 | | | | | Less: warranty obligations, current | (27,784) | | | (33,136) | | | (27,784) | | | (33,136) | | | | | Warranty obligations, non-current | $ | 175,422 | | | $ | 172,950 | | | $ | 175,422 | | | $ | 172,950 | | | |
(1) Refer to Note 9, “Fair Value Measurements,” for additional information about the monetary impact for changes in discount rate and changes in the profit element and risk premium.
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