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Accrued Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Accrued Liabilities [Abstract]    
Accrued payroll $ 99,383 $ 120,068
Advance payment from customers 45,590 58,049
Accrued taxes and deferred tax liability - current portion 51,834 52,599 [1]
Accrued Asbestos-related liability [2] 48,780 50,175
Warranty liability - current portion 36,128 47,966
Accrued restructuring liability - current portion 12,918 21,846
Accrued third-party commissions 10,275 11,026
Other 86,751 128,254
Accrued liabilities $ 391,659 $ 489,983 [1]
[1] During the year ended December 31, 2015 the Company retrospectively adjusted provisional amounts with respect to an acquisition completed during the three months ended June 27, 2014 to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date. See Note 4, “Acquisitions” for further discussion regarding these adjustments. The Company also retrospectively adjusted amounts recorded as of December 31, 2014 for the adoption of ASU 2015-17. See Note 3, “Recently Issued Accounting Pronouncements” for further discussion.
[2] Represents current accruals for probable and reasonably estimable asbestos-related liability cost that the Company believes the subsidiaries will pay through the next 15 years, overpayments by certain insurers and unpaid legal costs related to defending themselves against asbestos-related liability claims and legal action against the Company’s insurers, which is included in Accrued liabilities in the Consolidated Balance Sheets.