v3.24.2.u1
Accrued Expenses
 6 Months Ended
Jun. 28, 2024
Payables and Accruals [Abstract]  
Accrued Expenses Accrued Expenses
Accrued expenses consisted of the following:
June 28, 2024December 29, 2023
Payroll and related expenses$24,143 $17,988 
Income tax payable— 21,743 
Warranty20,693 20,001 
Current portion of lease liabilities15,846 14,115 
Accrued sales rebate7,262 11,885 
Other accrued expenses16,622 17,668 
Total$84,566 $103,400 
The Company generally provides a limited warranty for products for a one, two or three-year period beginning on: (i) in the case of OEM sales, the date the bike or powered vehicle is purchased from an authorized OEM where the product is incorporated as original equipment on the purchased bike or powered vehicle; (ii) in the case of aftermarket/non-OEM sales, the date the product is originally purchased from an authorized dealer; or (iii) in the case of upfitting sales, the date of the retail sale to an end customer. Activity related to warranties is as follows:
For the three months endedFor the six months ended
June 28, 2024June 30, 2023June 28, 2024June 30, 2023
Beginning warranty liability$19,327 $18,224 $20,001 $17,071 
Charge to cost of sales5,546 4,985 9,489 8,611 
Fair value of warranty assumed in acquisition— — — 100 
Costs incurred(4,180)(3,458)(8,797)(6,031)
Ending warranty liability$20,693 $19,751 $20,693 $19,751 
*All changes to warranty liability were within normal course of business.