V F CORP | 2013 | FY | 3


Activity relating to accrued product warranty claims is summarized as follows:

 

     2013     2012     2011  
     In thousands  

Balance, beginning of year

   $ 50,395      $ 44,727      $ 42,335   

Accrual for products sold during the year

     20,199        17,769        15,749   

Repair or replacement costs incurred

     (13,923 )      (12,427 )      (12,911 ) 

Currency translation

     468        326        (446 ) 
  

 

 

   

 

 

   

 

 

 

Balance, end of year

     57,139        50,395        44,727   

Less current portion (Note J)

     14,787        13,805        13,791   
  

 

 

   

 

 

   

 

 

 

Long-term portion

   $ 42,352      $ 36,590      $ 30,936   
  

 

 

   

 

 

   

 

 

 

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