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Accrued Expenses | 12 Months Ended
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Dec. 31, 2022
Accrued Liabilities [Abstract] |
Accrued Expenses | 6. ACCRUED EXPENSES Accrued expenses consist of the following:
(In thousands) | 2022 |  | 2021
Incentive compensation | $ | 6,103 |  |  | $ | 7,016 |
Payrolls, related taxes and medical and other benefits | 5,916 |  |  | 7,558 |
Vacation | 3,502 |  |  | 3,452 |
Derivative contract liability | 3,260 |  |  | 1,254 |
Accrued freight | 2,298 |  |  | 2,337 |
Accrued utilities | 2,099 |  |  | 1,938 |
Workers’ compensation and disabilities | 2,051 |  |  | 2,422 |
Environmental liabilities | 1,627 |  |  | 1,634 |
Customer rebates | 1,154 |  |  | 1,857 |
Other | 3,593 |  |  | 3,636 |
Total | $ | 31,603 |  |  | $ | 33,104 |
In the fourth quarter of 2021, the Company changed its vacation policy such that effective January 1, 2022 substantially all U.S. employees earn their vacation for the current year on a monthly basis throughout the year and forfeit any unused vacation at the end of the year, with the exception of a partial rollover allowance subject to a cap or where forfeiture is prohibited by applicable state or local law or a collective bargaining agreement. Under the previous policy, vacation was granted at the beginning of the year in advance of work being performed for the subsequent year. As a result of this policy change, the Company recorded in the fourth quarter of 2021 a reduction of $3.9 million to accrued expenses and a decrease to selling, general, and administrative expense ($1.3 million) and cost of goods sold ($2.6 million) within the consolidated statements of income.

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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