NOTE N — OTHER

Inventory

The components of inventory are as follows:


	December 31,
	2011		2010
	(in thousands)
Finished goods	$	107,471	$	96,375
Work in process		1,683		1,890
Raw materials		1,183		1,670

Total	$	110,337	$	99,935

Property and equipment

Property and equipment consist of:


	December 31,
	2011			2010
	(in thousands)
Machinery, furniture and equipment	$	70,037		$	66,450
Leasehold improvements		25,050			24,551
Building and improvements		1,604			1,604
Construction in progress		1,900			272
Land		100			100

		98,691			92,977
Less: accumulated depreciation and amortization		(64,367	)		(56,884	)

Total	$	34,324		$	36,093

Depreciation and amortization expense on property and equipment for the years ended December 31, 2011, 2010 and 2009 was $7.5 million, $8.2 million and $9.4 million, respectively.

Included in machinery, furniture and equipment and accumulated depreciation at December 31, 2010 are $2.1 million and $1.8 million, respectively, related to assets recorded under capital leases.

Accrued expenses

Accrued expenses consist of:


	December 31,
	2011		2010
	(in thousands)
Customer allowances and rebates	$	10,422	$	13,549
Compensation and benefits		7,950		8,287
Interest		441		985
Vendor invoices		1,984		2,020
Royalties		2,181		1,520
Derivative liability		—		11
Commissions		1,093		1,231
Freight		1,419		771
Contingent consideration related to GSI investment		2,622		—
Other		5,765		3,588

Total	$	33,877	$	31,962

Deferred rent & other long-term liabilities

Deferred rent & other long-term liabilities consist of:


	December 31,
	2011		2010
	(in thousands)
Deferred rent liability	$	11,354	$	11,283
Retirement benefit obligations		3,244		3,199

Total	$	14,598	$	14,482

Supplemental cash flow information


	Year Ended December 31,
	2011			2010		2009
	(in thousands)
Supplemental disclosure of cash flow information:
Cash paid for interest	$	6,877		$	6,893	$	8,804
Cash paid for taxes		10,331			1,198		380

Non-cash investing activities:
Translation adjustment	$	(704	)	$	1,088	$	456