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OTHER CURRENT LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2022
Other Liabilities, Current [Abstract]  
Schedule of Accrued Liabilities [Table Text Block]
Other current liabilities at December 31, 2022 and 2021, consisted of the following (amounts in thousands):
 20222021
Compensation and benefits$45,389 $46,583 
Warranty19,914 16,628 
Accrued insurance benefits21,154 14,269 
Customer rebates and deposits16,279 9,311 
Accrued other taxes18,549 9,274 
Operating lease liability3,850 6,180 
Accrued interest5,040 4,958 
Foreign government grant (a)
1,888 4,383 
Settlement of legal matter (b)1,260 1,620 
Other18,605 27,008 
 $151,928 $140,214 
(a) In August 2014, the Company received an approximately $17.0 million capital grant from the Italian government for asset damages related to the earthquake that occurred in May 2012 at one of our Italian subsidiaries. The grant was recorded as deferred income in non-current liabilities which is being amortized over the life of the reconstructed building. There are no specific stipulations associated with the government grant.
(b) The amount relates to a legal settlement between Tire Tire Corporation and Dico, Inc. executed on February 1, 2021 in the amount of $11.5 million, of which the final remaining amount of $1.26 million was paid on January 31, 2023. The Company paid $9.2 million and $1.6 million, including accrued interest, to the federal government on February 25, 2021 and February 1, 2022, respectively.