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OTHER CURRENT LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2024
Other Liabilities, Current [Abstract]  
Schedule of Other Current Liabilities
Other current liabilities consisted of the following (amounts in thousands):
 September 30,
2024
December 31,
2023
Compensation and benefits$59,551 $47,543 
Warranty13,240 11,848 
Accrued insurance benefits20,898 19,162 
Customer rebates and deposits16,225 15,490 
Accrued other taxes14,200 13,762 
Accrued interest13,245 4,955 
Foreign government grant (1)
3,867 4,509 
Other27,671 22,109 
 $168,897 $139,378 
(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 subsidies is used to offset existing payables to governmental entities 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 its 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.