v3.26.1
Product Warranties
6 Months Ended
Jun. 30, 2026
Product Warranties Disclosures [Abstract]  
Product Warranties

Note 9 – Product Warranties

 

Warranty terms are based on the negotiated railcar sale, rebody or conversion contract, as applicable. Changes in the warranty reserve for the six months ended June 30, 2026 and 2025, are as follows:

 

 

 

 

For the Six Months Ended June 30,

 

 

 

 

 

2026

 

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

Balance at the beginning of the period

 

 

$

2,050

 

 

 

$

2,389

 

 

Current year provision

 

 

 

86

 

 

 

 

774

 

 

Reductions for payments, costs of repairs and other

 

 

 

(155

)

 

 

 

(1,474

)

 

Adjustments to prior warranties

 

 

 

8

 

 

 

 

(24

)

 

Balance at the end of the period

 

 

$

1,989

 

 

 

$

1,665

 

 

 

 

 

 

 

 

 

 

 

 

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.