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PRODUCT WARRANTY COSTS | 12 Months Ended
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Dec. 31, 2020
PRODUCT WARRANTY COSTS |
PRODUCT WARRANTY COSTS | NOTE 20 – PRODUCT WARRANTY COSTS The changes in product warranty accruals were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ |  | 2020 |  | 2019 |  | 2018
Balance at beginning of year | ​ | $ | 20,650 | ​ | $ | 19,778 | ​ | $ | 22,029
Accruals for warranties | ​ |  | 17,194 | ​ |  | 17,094 | ​ |  | 8,897
Settlements | ​ |  | (16,175) | ​ |  | (16,211) | ​ |  | (11,403)
Foreign currency translation and other adjustments | ​ |  | 91 | ​ |  | (11) | ​ |  | 255
Balance at end of year | ​ | $ | 21,760 | ​ | $ | 20,650 | ​ | $ | 19,778
​

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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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