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OTHER ACCRUED LIABILITIES
 3 Months Ended
Mar. 31, 2018
Payables and Accruals [Abstract]  
OTHER ACCRUED LIABILITIES
12.
OTHER ACCRUED LIABILITIES
 
The following table presents the major components of Other Accrued Liabilities (in thousands):
 
 
 
March 31,
 
December 31,
 
 
 
2018
 
2017
 
Customer deposits
 
$
29,922
 
$
26,059
 
Payroll and related taxes
 
 
25,206
 
 
27,840
 
Warranty
 
 
20,303
 
 
20,132
 
Chassis converter pool agreements
 
 
13,883
 
 
18,326
 
Self-insurance
 
 
10,504
 
 
9,996
 
Accrued taxes
 
 
7,922
 
 
9,224
 
All other
 
 
20,721
 
 
17,333
 
 
 
$
128,461
 
$
128,910
 
 
The following table presents the changes in the product warranty accrual included in Other Accrued Liabilities (in thousands):
 
 
 
March 31,
 
March 31,
 
 
 
2018
 
2017
 
Balance as of January 1
 
$
20,132
 
$
20,520
 
Provision for warranties issued in current year
 
 
1,524
 
 
1,179
 
(Recovery of) Provision for pre-existing warranties
 
 
-
 
 
(224)
 
Payments
 
 
(1,353)
 
 
(1,679)
 
Balance as of March 31
 
$
20,303
 
$
19,796
 
 
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.