v2.4.1.9
Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands):
 
Fair Value Measurements as of March 31, 2015
Asset (Liability)
Total
 
Level 1
 
Level 2
 
Level 3
Non-qualified deferred compensation assets
$
45,123

 
$
45,123

 
—

 
—

Total assets at fair value
$
45,123

 
$
45,123

 
—

 
—

Commodity contracts, net
$
(3,925
)
 
—

 
$
(3,925
)
 
—

Foreign exchange contracts, net
(53
)
 
—

 
(53
)
 
—

Non-qualified deferred compensation liabilities
(45,123
)
 
(45,123
)
 
—

 
—

Total liabilities at fair value
$
(49,101
)
 
$
(45,123
)
 
$
(3,978
)
 
—

 
Fair Value Measurements as of December 31, 2014
Asset (Liability)
Total
 
Level 1
 
Level 2
 
Level 3
Non-qualified deferred compensation assets
$
41,797

 
$
41,797

 
—

 
—

Total assets at fair value
$
41,797

 
$
41,797

 
—

 
—

Commodity contracts, net
$
(4,609
)
 
—

 
$
(4,609
)
 
—

Foreign exchange contracts, net
(2,570
)
 
—

 
(2,570
)
 
—

Non-qualified deferred compensation liabilities
(41,797
)
 
$
(41,797
)
 
—

 
—

Total liabilities at fair value
$
(48,976
)
 
$
(41,797
)
 
$
(7,179
)
 
—
Schedule of major components of inventories
The major components of inventories are as follows (in thousands):
 
March 31, 2015
 
December 31, 2014
Raw materials and purchased components
$
174,198

 
$
165,823

Service parts, garments and accessories
162,578

 
163,455

Finished goods
321,300

 
262,578

Less: reserves
(28,791
)
 
(26,171
)
Inventories
$
629,285

 
$
565,685
Schedule of activity in the warranty reserve
The activity in the warranty reserve during the periods presented was as follows (in thousands):
 
Three months ended March 31,
 
2015
 
2014
Balance at beginning of period
$
53,104

 
$
52,818

Additions to warranty reserve through acquisitions
50

 
—

Additions charged to expense
13,919

 
11,027

Warranty claims paid
(18,439
)
 
(16,621
)
Balance at end of period
$
48,634

 
$
47,224