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Supplemental Data | 12 Months Ended
--- | ---
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Supplemental Data | Supplemental Data Supplemental Balance Sheet Data (in thousands):
Summary of accrued expenses | December 31,
| 2023 |  | 2022
Accrued payroll and fringe benefits | $ | 44,039 |  |  | $ | 31,386 |
Accrued taxes | 13,759 |  |  | 15,608 |
Income taxes payable | 3,878 |  |  | 3,141 |
Accrued interest | 19,447 |  |  | 21,071 |
Accrued rebates and discounts | 9,868 |  |  | 8,948 |
Warranty payable | 1,375 |  |  | 1,530 |
Accrued inventory | 33,478 |  |  | 74,858 |
Deferred revenue | 7,350 |  |  | 7,093 |
Other accrued expenses | 24,262 |  |  | 20,703 |
Total | $ | 157,456 |  |  | $ | 184,338 |
Warranty liability | Year ended December 31,
| 2023 |  | 2022
Beginning balance | $ | 1,530 |  |  | $ | 1,838 |
Accrual | 3,489 |  |  | 2,954 |
Warranty payments | (3,644) |  |  | (3,262) |
Ending balance | $ | 1,375 |  |  | $ | 1,530 |
Supplemental Statement of Operations Data (in thousands):
Other income (expense), net | Year ended December 31,
| 2023 |  | 2022 |  | 2021
Foreign currency gain (loss) | $ | (819) |  |  | $ | (1,163) |  |  | $ | 27 |
Loss on sale of capital assets | (925) |  |  | (2,581) |  |  | (585) |
Sublease income | 1,434 |  |  | 1,330 |  |  | 995 |
Other income (expense) | 2,053 |  |  | 93 |  |  | (1,740) |
| $ | 1,743 |  |  | $ | (2,321) |  |  | $ | (1,303) |
Supplemental Cash Flow Statement Data (in thousands):
| Year ended December 31,
| 2023 |  | 2022 |  | 2021
Interest paid | $ | 108,418 |  |  | $ | 86,286 |  |  | $ | 58,547 |
Taxes paid | $ | 79,657 |  |  | $ | 26,037 |  |  | $ | 27,371 |
Investments Arnold Joint Venture Arnold is a 50% partner in a China rare earth mine-to-magnet joint venture. Arnold accounts for its activity in the joint venture utilizing the equity method of accounting. Gains and losses from the joint venture were not material for the years ended December 31, 2023, 2022 and 2021. Altor Solutions In September 2020, Altor invested $3.6 million in Rational Packaging, LLC, a designer and manufacturer of recyclable, paperboard-based structural packaging components. The investment will be accounted for as an equity method investment. Gains and losses from the investment were not material for the years ended December 31, 2023, 2022 and 2021.

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