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OTHER CURRENT LIABILITIES | 12 Months Ended
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Dec. 31, 2023
Other Liabilities, Current [Abstract] |
OTHER CURRENT LIABILITIES | OTHER CURRENT LIABILITIES Other current liabilities at December 31, 2023 and 2022, consisted of the following (amounts in thousands):
| 2023 |  | 2022
Compensation and benefits | $ | 47,543 |  |  | $ | 45,389 |
Warranty | 21,710 |  |  | 19,914 |
Accrued insurance benefits | 19,162 |  |  | 21,154 |
Customer rebates and deposits | 15,490 |  |  | 16,279 |
Accrued other taxes | 13,762 |  |  | 18,549 |
Operating lease current liabilities | 5,021 |  |  | 3,850 |
Accrued interest | 4,955 |  |  | 5,040 |
Foreign government grant (a) | 4,509 |  |  | 1,888 |
Settlement of legal matter (b) | — |  |  | 1,260 |
Other | 22,109 |  |  | 18,605 |
| $ | 154,261 |  |  | $ | 151,928 |
(a) For the year ended December 31, 2023, the Company received government subsidies associated with current year capital expenditure investments in technological and digital innovation in Europe. The amount of the government subsidy is used to offset existing payables to government in the future. In addition, during 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 $1.3 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.

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- Definition The entire disclosure for other liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20,24) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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