Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.20.4
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2020
Commitments And Contingencies Disclosure [Abstract]  
Minimum Aggregate Payments Due under Operating Leases and Specified Non-Cancelable Contractual Obligations Consist of Software License and Maintenance Agreements The Company enters into non-cancelable contractual obligations for software licenses and maintenance agreements. At December 31, 2020, the minimum aggregate payments due under specified non-cancelable contractual obligations are summarized as follows:

 

 

 

Non-cancelable

 

 

 

contractual

 

(amounts in thousands)

 

obligations

 

2021

 

$

457

 

2022

 

 

 

2023

 

 

 

2024

 

 

 

2025

 

 

 

Thereafter

 

 

 

Total

 

$

457

 

Schedule of Changes in Aggregate Product Warranty Liabilities

The following table identifies the changes in the Company’s aggregate product warranty liabilities for the twelve-month periods ended December 31, 2020, 2019 and 2018, respectively:

 

 

 

December 31,

 

(amounts in thousands)

 

2020

 

 

2019

 

 

2018

 

Product warranty liability at beginning of period

 

$

12,571

 

 

$

9,530

 

 

$

6,171

 

Accruals for warranties issued

 

 

9,462

 

 

 

8,131

 

 

 

7,693

 

Adjustments related to preexisting warranties (including changes in estimates)

 

 

(754

)

 

 

1,433

 

 

 

90

 

Settlements made (in cash or in kind)

 

 

(6,885

)

 

 

(6,523

)

 

 

(4,424

)

Product warranty liability at end of period

 

$

14,394

 

 

$

12,571

 

 

$

9,530