
	October 3, 2025		December 31, 2024
	(In thousands)
Accrued compensation and related benefits	$	92,608	$	85,989
Derivative liability – current portion	49,346		3,648
Accrued third-party commissions	34,846		34,602
Accrued rebates	25,578		19,964
Lease liability - current portion	24,026		22,340
Accrued taxes	19,159		21,341
Accrued professional fees	16,390		5,003
Deferred and contingent consideration - current portion	13,712		49,719
Accrued interest	9,407		5,841
Purchase of royalty interest	8,643		—
Accrued freight	5,681		5,314
Customer advances and billings in excess of costs incurred	5,391		6,229
Accrued royalties	4,704		6,296
Warranty liability	2,630		2,818
Accrued restructuring liability	1,963		2,938
Other	41,158		57,831
	$	355,242	$	329,873

The Company’s restructuring programs include a series of actions to reduce the structural costs of the Company. A summary of the activity in the Company’s restructuring liability included in Accrued liabilities in the Condensed Consolidated Balance Sheets is as follows:


	Nine Months Ended October 3, 2025
	Balance at Beginning of Period		Provisions		Payments		Foreign Currency Translation		Balance at End of Period
	(In thousands)
Restructuring charges:
Termination benefits(1)	$	2,932	$	4,947	$	(5,927)	$	5	$	1,957
Facility closure costs and other(2)	6		1,541		(1,541)		—		6
Total	$	2,938	$	6,488	$	(7,468)	$	5	$	1,963
Non-cash charges(3)			1,716
Total Provisions(4)			$	8,204

(2) Includes the cost of relocating associates, relocating equipment, lease termination expense and other costs in connection with the closure and optimization of office sites, shared service centers, and manufacturing facilities.

(3) Non-cash charges are classified as Cost of sales on the Company’s Condensed Consolidated Statements of Operations for the nine months ended October 3, 2025.

(4) For the nine months ended October 3, 2025, $4.0 million and $4.2 million of the Company’s total provisions were related to the P&R and Recon segments, respectively.