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OTHER CURRENT LIABILITIES | 6 Months Ended
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Jun. 30, 2024
Other Liabilities, Current [Abstract] |
OTHER CURRENT LIABILITIES | OTHER CURRENT LIABILITIES Other current liabilities consisted of the following (amounts in thousands):
| June 30, 2024 |  | December 31, 2023
Compensation and benefits | $ | 56,430 |  |  | $ | 47,543 |
Warranty | 24,125 |  |  | 21,710 |
Accrued insurance benefits | 19,968 |  |  | 19,162 |
Customer rebates and deposits | 18,974 |  |  | 15,490 |
Accrued other taxes | 15,792 |  |  | 13,762 |
Accrued interest | 6,351 |  |  | 4,955 |
Foreign government grant (1) | 3,666 |  |  | 4,509 |
Other | 26,109 |  |  | 22,109 |
| $ | 171,415 |  |  | $ | 149,240 |
(1) The Company received government subsidies in 2023 associated with 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.

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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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