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OTHER | 12 Months Ended
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Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
OTHER | OTHER Inventory The components of inventory are as follows:
| December 31,
| 2020 |  | 2019
| (in thousands)
Finished goods | $ | 194,209 |  |  | $ | 165,950 |
Work in process | 45 |  |  | 61 |
Raw materials | 8,910 |  |  | 7,416 |
Total | $ | 203,164 |  |  | $ | 173,427 |
Property and equipment Property and equipment (including finance leases) consist of:
| December 31,
| 2020 |  | 2019
| (in thousands)
Machinery, furniture and equipment | $ | 74,494 |  |  | $ | 73,634 |
Leasehold improvements | 38,467 |  |  | 38,293 |
Computer hardware and software | 36,997 |  |  | 35,458 |
Building and improvements | 791 |  |  | 780 |
Construction in progress | 87 |  |  | 337 |
Land | 100 |  |  | 100 |
Total | 150,936 |  |  | 148,602 |
Less: accumulated depreciation and amortization | (127,816) |  |  | (120,434) |
Total | $ | 23,120 |  |  | $ | 28,168 |
Depreciation and amortization expense of property and equipment for the years ended December 31, 2020, 2019 and 2018 was $7.4 million, $8.0 million and $8.0 million, respectively. Long term liabilities Long term liabilities consist of:
| December 31,
| 2020 |  | 2019
| (in thousands)
Retirement benefit obligations | $ | 7,534 |  |  | $ | 6,838 |
Other non-income tax liabilities | 2,824 |  |  | 2,705 |
Derivative financial instruments | 2,776 |  |  | — |
Unearned revenues | 1,444 |  |  | 1,728 |
Deferred payroll non-income tax liabilities | 1,261 |  |  | — |
Royalty obligation | 475 |  |  | 878 |
Other long term obligations | 169 |  |  | 65 |
Total | $ | 16,483 |  |  | $ | 12,214 |
Accrued expenses Accrued expenses consist of:
| December 31,
| 2020 |  | 2019
| (in thousands)
Customer allowances and rebates | $ | 30,913 |  |  | $ | 18,834 |
Compensation and benefits | 19,016 |  |  | 10,542 |
Interest | 749 |  |  | 334 |
Vendor invoices | 6,536 |  |  | 3,428 |
Royalties | 3,007 |  |  | 2,391 |
Commissions | 1,380 |  |  | 894 |
Freight | 6,669 |  |  | 3,263 |
Professional fees | 2,060 |  |  | 1,941 |
Foreign exchange forward contracts | — |  |  | 180 |
Restructuring | — |  |  | 59 |
Other | 9,720 |  |  | 10,194 |
Total | $ | 80,050 |  |  | $ | 52,060 |
Supplemental disclosure of cash flow information
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
|  |  | (in thousands) |  |
Cash paid for interest | $ | 15,476 |  |  | $ | 18,859 |  |  | $ | 16,319 |
Cash paid for taxes, net of refunds | 5,161 |  |  | 2,057 |  |  | 2,599 |
Non-cash investing activities: |  |  |  |  |
Translation adjustment | $ | (2,062) |  |  | $ | (292) |  |  | $ | (5,906) |
Components of accumulated other comprehensive loss, net
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
|  |  | (in thousands) |  |
Accumulated translation adjustment: |  |  |  |  |
Balance at beginning of year | $ | (34,019) |  |  | $ | (33,727) |  |  | $ | (27,821) |
Translation adjustment during period | (2,062) |  |  | (292) |  |  | (5,906) |
Amount reclassified from accumulated other comprehensive loss: (1) |  |  |  |  |
Currency translation adjustment | 235 |  |  | — |  |  | — |
Balance at end of year | $ | (35,846) |  |  | $ | (34,019) |  |  | $ | (33,727) |
Accumulated deferred gains (losses) on cash flow hedges: |  |  |  |  |
Balance at beginning of year | $ | 1,164 |  |  | $ | 161 |  |  | $ | 14 |
Derivative fair value adjustment, net of tax | (3,273) |  |  | 1,212 |  |  | 161 |
Amounts reclassified from accumulated other comprehensive loss: (2) |  |  |  |  |
Settlement of cash flow hedges | 984 |  |  | (209) |  |  | (14) |
Balance at end of year | $ | (1,125) |  |  | $ | 1,164 |  |  | $ | 161 |
Accumulated effect of retirement benefit obligations: |  |  |  |  |
Balance at beginning of year | $ | (1,600) |  |  | $ | (1,050) |  |  | $ | (1,518) |
Net (loss) income arising from retirement benefit obligations, net of tax | (680) |  |  | (601) |  |  | 373 |
Amount reclassified from accumulated other comprehensive loss:(3) |  |  |  |  |
Amortization of loss, net of tax | 79 |  |  | 51 |  |  | 95 |
Balance at end of year | $ | (2,201) |  |  | $ | (1,600) |  |  | $ | (1,050) |
Total accumulated other comprehensive loss at end of period | $ | (39,172) |  |  | $ | (34,455) |  |  | $ | (34,616) |
(1)Amount is recorded in equity in earnings on the consolidated statements of operations. (2)Amounts reclassified are recorded in interest expense and cost of goods sold on the consolidated statements of operations. (3)Amount is recorded in selling, general and administrative expenses on the consolidated statements of operations.

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