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OTHER LIABILITIES | 3 Months Ended
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Mar. 31, 2026
Payables and Accruals [Abstract] |
OTHER LIABILITIES | OTHER LIABILITIES Accrued expenses and other current liabilities consist of the following:
| March 31, |  | December 31,
| 2026 |  | 2025
Contract liabilities | $ | 67,791 |  |  | $ | 66,209 |
Accrued compensation | 66,094 |  |  | 81,943 |
Current portion of accrued warranty | 16,986 |  |  | 17,348 |
Litigation settlement reserve (See Note 10 "Commitments and Contingencies") | 13,500 |  |  | — |
Short-term lease liabilities | 4,996 |  |  | 5,074 |
Other | 15,482 |  |  | 14,275 |
Total | $ | 184,849 |  |  | $ | 184,849 |
Other long-term liabilities and deferred income taxes consist of the following:
| March 31, |  | December 31,
| 2026 |  | 2025
Unrecognized tax benefits | $ | 15,333 |  |  | $ | 15,111 |
Accrued warranty | 14,291 |  |  | 14,116 |
Long-term lease liabilities | 11,316 |  |  | 12,176 |
Deferred income taxes | 8,978 |  |  | 9,397 |
Other | 8,753 |  |  | 11,313 |
Total | $ | 58,671 |  |  | $ | 62,113 |
During the fourth quarter of 2024, the Company acquired 100% of the shares of Clean‐Lasersysteme GmbH ("cleanLASER"). The Company has a continued employment arrangement with one of the sellers subject to a potential earn-out payment based upon the achievement of certain financial and non-financial milestones. The Company has treated this potential payment as compensation expense that will be recorded pro-ratably over the employment arrangement period of 24 months. The Company has accrued $3,626 and $2,966 related to this arrangement within Accrued expenses and other current liabilities on the Company's Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025 respectively.

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- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 720 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483384/720-30-45-1 + Details
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