Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2020

Other accrued expenses consist of the following:


	December 31,
(in thousands)	2020		2019
Interest rate cap and accrued interest payable	$	25,266	$	1,520
Operating lease liability		20,894		34,072
Rebates due to retailers		11,246		6,979
Contingent consideration		10,733		24,502
Client deposits		10,706		8,674
Client refunds related to the Take 5 Matter		9,417		14,946
Employee insurance reserves		8,759		9,418
Taxes		6,602		6,342
Holdbacks		5,764		2,630
Note payable related to contingent consideration		4,048		9,385
Restructuring charges		1,344		2,615
Other accrued expenses		6,979		7,752

Total other accrued expenses	$	121,758	$	128,835

Other long-term liabilities consist of the following:


	December 31,
(in thousands)	2020		2019
Operating lease liability	$	44,737	$	84,902
Contingent consideration		35,168		23,147
Workers’ compensation and other insurance reserves		30,552		29,718
Deferred employer social security taxes		24,034		—
Interest rate cap		900		2,294
Holdbacks		504		926
Taxes		525		525
Other long-term liabilities		5,490		4,785

Total other long-term liabilities	$	141,910	$	146,297

The following table summarizes the changes in the carrying value of estimated contingent consideration liabilities:


	Year Ended December 31,
(in thousands)	2020			2019
Beginning of the period	$	47,649		$	85,977
Fair value of acquisitions		14,766			2,519
Payments		(21,875	)		(37,100	)
Note issuance for settlements		(4,048	)		(9,385	)
Changes in fair value		9,971			6,064
Foreign exchange translation effects		(562	)		(426	)

End of the period	$	45,901		$	47,649