Additional Financial Information Disclosures

9 Months Ended

Sep. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Additional Financial Information Disclosures

Note 2 Additional Financial Information Disclosures

The consolidated condensed balance sheet at December 31, 2024 was derived from amounts included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024. Refer to the notes to consolidated financial statements included in that report for a description of the Company's accounting policies and for additional details of the Company's financial condition. The details in those notes have not changed except as discussed below and as a result of normal adjustments in the interim.

Cash Equivalents

The Company considers all highly liquid investments with original maturities of ninety days or less to be cash equivalents.

Warranty and After-Sale Costs

The Company estimates and records provisions for warranties and other after-sale costs in the period in which the sale is recorded, based on a lag factor and historical warranty claim experience. After-sale costs represent a variety of activities outside of the written warranty policy, such as investigation of unanticipated problems after the customer has installed the product, or analysis of water quality issues. Changes in the Company's warranty and after-sale costs reserve are as follows:


	Three months ended						Nine months ended
	September 30,						September 30,
(In thousands)	2025			2024			2025			2024
Balance at beginning of period	$	19,549		$	13,849		$	16,693		$	11,102
Net additions charged to earnings		3,571			3,310			10,898			9,908
Costs incurred		(1,361	)		(1,499	)		(5,832	)		(5,350	)
Balance at end of period	$	21,759		$	15,660		$	21,759		$	15,660

BADGER METER INC 10-Q