The Company offers its customers warranties on products sold based on product type and application. Management reviews and adjusts the warranty accrual based on warranty repair costs and the rate of return. Actual repair costs are charged against the reserve. A tabular presentation of the activity within the warranty accrual account for the years ended January 1, 2012, January 2, 2011 and January 3, 2010 is presented below, (in millions):

	January 1, 2012			January 2, 2011			January 3, 2010

Beginning balance	$	21.4		$	4.1		$	4.0
Charges and costs accrued		18.5			19.3			3.1
Adjustments related to pre-existing warranties (including changes in estimates)		1.1			(0.1	)		(0.8	)
Less repair costs incurred		(8.4	)		(2.3	)		(2.3	)
Change due to foreign currency		(1.2	)		0.4			0.1

Ending balance	$	31.4		$	21.4		$	4.1

As of January 1, 2012 and January 2, 2011, $21.8 million and $13.3 million of the accrued warranties were included in Warranties, less Current Portion in the Consolidated Balance Sheets.

The Company offers its renewable energy customers extended warranty contracts with terms between five and ten years after the base warranty period expires and accounts for such warranty contract in accordance with ASC 605-20-25. Deferred revenue related to such extended warranty contracts was $18.9 million and $8.8 million, as of January 1, 2012, January 2, 2011, respectively, and was included as part of Deferred Revenue in the Consolidated Balance Sheets.