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PREPAID AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2016
Prepaid and Other Current Assets [Abstract]  
PREPAID AND OTHER CURRENT ASSETS
PREPAID AND OTHER CURRENT ASSETS

Prepaid and other current assets at December 31, 2016 and 2015, consisted of the following (amounts in thousands):
 
2016
 
2015
Factory supplies
$
25,177

 
$
26,804

Assets held for sale
8,843

 
2,522

Prepaid expense
8,320

 
5,660

Prepaid taxes
7,360

 
5,469

Prepaid royalty
6,973

 
5,863

Value added tax
6,258

 
5,099

Prepaid insurance
3,124

 
3,570

Deposits
2,640

 
842

Volume rebate
1,430

 

Derivative financial instruments
988

 
66

Duty receivable
899

 
3,166

Other
7,722

 
3,572

 
$
79,734

 
$
62,633



The assets held for sale at December 31, 2016, include $7.3 million for a building in Italy, for which the sale is expected to be completed in the second quarter of 2017.