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Warranties
12 Months Ended
Dec. 31, 2019
Warranties  
Warranties

NOTE 8 – WARRANTIES

The Company’s product warranty liabilities are included in “Other current liabilities” on the accompanying Consolidated Balance Sheets as of December 31, 2019 and 2018.  The following table identifies the changes in the Company’s aggregate product warranty liabilities for the years ended December 31, 2019 and 2018 (in thousands):

    

2019

    

2018

Warranty liabilities, balance at January 1,

$

52,220

$

44,398

Warranty claims

 

(99,267)

 

(89,557)

Warranty accruals

 

108,116

 

97,379

Warranty liabilities, balance at December 31,

$

61,069

$

52,220