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OTHER ACCRUED LIABILITIES
6 Months Ended
Jun. 30, 2022
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,
2022
December 31,
2021
Warranty$21,206 $22,045 
Chassis converter pool agreements11,217 18,185 
Payroll and related taxes17,772 15,679 
Customer deposits26,456 17,646 
Self-insurance11,073 11,152 
Accrued interest3,885 4,288 
Operating lease obligations5,160 3,507 
Accrued taxes16,976 8,425 
All other14,182 14,389 
$127,927 $115,316 
The following table presents the changes in the product warranty accrual included in Other accrued liabilities (in thousands):
20222021
Balance as of January 1$22,045 $20,570 
Provisions and revisions to estimates663 2,652 
Payments(1,502)(2,237)
Balance as of June 30$21,206 $20,985 
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.