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OTHER ACCRUED LIABILITIES
3 Months Ended
Mar. 31, 2016
Payables and Accruals [Abstract]  
OTHER ACCRUED LIABILITIES
9.
OTHER ACCRUED LIABILITIES
 
The following table presents major components of Other Accrued Liabilities (in thousands):
 
 
 
March 31,
 
December 31,
 
 
 
2016
 
2015
 
Payroll and related taxes
 
$
22,435
 
$
34,427
 
Warranty
 
 
21,590
 
 
19,709
 
Customer deposits
 
 
17,800
 
 
14,877
 
Accrued taxes
 
 
15,710
 
 
8,075
 
Self-insurance
 
 
8,748
 
 
7,677
 
All other
 
 
8,973
 
 
8,277
 
 
 
$
95,256
 
$
93,042
 
 
The following table presents the changes in the product warranty accrual included in Other Accrued Liabilities (in thousands):
 
 
 
March 31,
 
March 31,
 
 
 
2016
 
2015
 
Balance as of January 1
 
$
19,709
 
$
15,462
 
Provision for warranties issued in current year
 
 
1,640
 
 
1,681
 
Recovery of pre-existing warranties
 
 
1,682
 
 
(260)
 
Payments
 
 
(1,441)
 
 
(1,346)
 
Balance as of March 31
 
$
21,590
 
$
15,537
 
 
The Company offers a limited warranty for its products with a coverage period that ranges between one and five years, except that the coverage period for DuraPlate® trailer panels 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.