Other Current Liabilities

12 Months Ended

Dec. 31, 2019

Other Liabilities Disclosure [Abstract]

Other Current Liabilities

NOTE 8 – OTHER CURRENT LIABILITIES:

	2019		2018
Customer-related liabilities	$	16,194	$	16,439
Accrued interest payable		2,225		2,333
Accrued sales commissions		1,607		1,637
Other		6,694		8,578
Other current liabilities	$	26,720	$	28,987

Customer-related liabilities include liabilities for product warranty claims and deposits received on future orders. The following summarizes changes in the liability for product warranty claims for the year ended December 31:

	2019			2018
Balance at the beginning of the year	$	9,447		$	11,379
Satisfaction of warranty claims		(5,467	)		(5,069	)
Provision for warranty claims		5,050			3,564
Other, primarily impact from changes in foreign currency    exchange rates		35			(427	)
Balance at the end of the year	$	9,065		$	9,447

Customer deposits represent amounts collected from, or invoiced to, a customer in advance of revenue recognition, and are recorded as an other current liability on the balance sheet. The liability for customer deposits is reversed when the Corporation satisfies its performance obligations and control of the inventory transfers to the customer, typically when title transfers. Performance obligations related to customer deposits are expected to be satisfied in less than one year.

Changes in customer deposits consisted of the following:

	2019			2018
Balance at the beginning of the year	$	4,304		$	4,574
Satisfaction of performance obligations		(11,627	)		(10,885	)
Receipt of additional deposits		12,189			10,701
Other, primarily changes in foreign currency exchange rates		29			(86	)
Balance at the end of the year	$	4,895		$	4,304