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OTHER ACCRUED LIABILITIES
6 Months Ended
Jun. 30, 2019
Payables and Accruals [Abstract]  
OTHER ACCRUED LIABILITIES OTHER ACCRUED LIABILITIES
The following table presents the major components of Other Accrued Liabilities (in thousands):
 
June 30,
2019
 
December 31,
2018
Warranty
$
23,509

 
$
22,247

Chassis converter pool agreements
11,704

 
22,273

Payroll and related taxes
21,530

 
16,096

Customer deposits
28,945

 
23,483

Self-insurance
12,772

 
9,890

Accrued interest
4,705

 
4,779

Operating lease obligations
3,870

 

Accrued taxes
2,320

 
7,653

All other
11,001

 
9,963

 
$
120,356

 
$
116,384


The following table presents the changes in the product warranty accrual included in Other Accrued Liabilities (in thousands):
 
2019
 
2018
Balance as of January 1
$
22,247

 
$
20,132

Provision for warranties issued in current year
4,067

 
3,580

Payments
(2,805
)
 
(2,671
)
Balance as of June 30
$
23,509

 
$
21,041


The Company offers a limited warranty for its products with a coverage period that ranges between one and 5 years, except that the coverage period for DuraPlate® trailer panels is 10 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.