Warranties

12 Months Ended

Dec. 31, 2020

Warranties

Warranties

NOTE 9 – WARRANTIES

The Company’s product warranty liabilities are included in “Other current liabilities” on the accompanying Consolidated Balance Sheets as of December 31, 2020 and 2019.  The following table identifies the changes in the Company’s aggregate product warranty liabilities for the years ended December 31, 2020 and 2019 (in thousands):

	2020		2019
Warranty liabilities, balance at January 1,	$	61,069	$	52,220
Warranty claims		(109,684)		(99,267)
Warranty accruals		114,526		108,099
Foreign currency translation		(25)		17
Warranty liabilities, balance at December 31,	$	65,886	$	61,069