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OTHER ACCRUED LIABILITIES
 3 Months Ended
Mar. 31, 2013
Payables and Accruals [Abstract]  
OTHER ACCRUED LIABILITIES
10. OTHER ACCRUED LIABILITIES

 

The following table presents major components of Other Accrued Liabilities (in thousands):

 

    March 31,     December 31,  
    2013     2012  
Warranty   $ 15,363     $ 14,886  
Payroll and related taxes     14,654       23,342  
Self-insurance     8,060       7,702  
Accrued taxes     6,035       5,578  
Customer deposits     28,707       43,158  
All other     13,803       10,207  
    $ 86,622     $ 104,873  

 

The following table presents the changes in the product warranty accrual included in Other Accrued Liabilities (in thousands):

 

    2013     2012  
Balance as of January 1   $ 14,886     $ 11,437  
Provision for warranties issued in current year     1,400       822  
Provision for pre-existing warranties     650       -  
Payments     (1,573 )     (783 )
Balance as of March 31   $ 15,363     $ 11,476  

 

The Company offers a limited warranty for its products with a coverage period that ranges between one and five years, provided that the coverage period for DuraPlate® trailer panels beginning with those manufactured in 2005 or after is ten years. The Company passes through component manufacturers’ warranties to our customers. The Company’s policy is to accrue the estimated cost of warranty coverage at the time of the sale.