XML 32 R18.htm IDEA: XBRL DOCUMENT
v3.24.3

OTHER ACCRUED LIABILITIES | 9 Months Ended
--- | ---
Sep. 30, 2024
Payables and Accruals [Abstract] |
OTHER ACCRUED LIABILITIES | OTHER ACCRUED LIABILITIES The following table presents the major components of Other accrued liabilities (in thousands):
| September 30, 2024 |  | December 31, 2023
Warranty | $ | 20,564 |  |  | $ | 21,286 |
Chassis converter pool agreements | 32,616 |  |  | 27,312 |
Payroll and related taxes | 14,180 |  |  | 40,265 |
Customer deposits | 35,571 |  |  | 45,586 |
Self-insurance | 11,965 |  |  | 11,311 |
Accrued interest | 8,316 |  |  | 3,817 |
Operating lease obligations | 11,034 |  |  | 9,049 |
Accrued taxes | 8,018 |  |  | 24,662 |
All other | 9,393 |  |  | 12,313 |
| $ | 151,657 |  |  | $ | 195,601 |
The following table presents the changes in the product warranty accrual included in Other accrued liabilities (in thousands):
| 2024 |  | 2023
Balance as of January 1 | $ | 21,286 |  |  | $ | 22,061 |
Provisions and revisions to estimates | 3,811 |  |  | 2,705 |
Payments | (4,533) |  |  | (3,255) |
Balance as of September 30 | $ | 20,564 |  |  | $ | 21,511 |
The Company offers a limited warranty for its products with a coverage period that ranges between 1 and 5 years, except that the coverage period for DuraPlate® trailer panels is 10 years and the coverage period for steel main beams on flatbed trailer products exceeds 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

X
- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(20)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(24)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483384/720-30-45-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_PayablesAndAccrualsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration