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Warranties | 12 Months Ended
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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
​ ​

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- Definition The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -URI http://asc.fasb.org/topic&trid=2155896 + Details
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