Accrued Liabilities
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12 Months Ended |
Dec. 31, 2021 |
Accrued Liabilities, Current [Abstract] |
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Accounts Payable and Accrued Liabilities Disclosure [Text Block] |
| | | NOTE 8 — ACCRUED LIABILITIES |
Accrued liabilities consisted of the following:
| | | | | | | | | | | | | | | | | December 31, | (in thousands) | | 2021 | | 2020 | Sales reserves | | $ | 98,998 | | | $ | 83,175 | | Accrued salaries, bonus, paid time off and other benefits | | 121,074 | | | 80,074 | | Accrued import duties | | 17,272 | | | 18,522 | | Taxes other than income taxes payable | | 27,930 | | | 15,002 | | Product warranties | | 13,645 | | | 14,745 | | Other | | 37,566 | | | 45,760 | | | | $ | 316,485 | | | $ | 257,278 | |
A reconciliation of product warranties is as follows:
| | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | (in thousands) | | 2021 | | 2020 | | 2019 | Balance at beginning of year | | $ | 14,745 | | | $ | 14,466 | | | $ | 13,186 | | Provision for warranty claims | | 2,179 | | | 3,033 | | | 5,152 | | Warranty claims | | (2,917) | | | (3,128) | | | (3,810) | | Other | | (362) | | | 374 | | | (62) | | Balance at end of year | | $ | 13,645 | | | $ | 14,745 | | | $ | 14,466 | |
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Schedule of Accrued Liabilities |
Accrued liabilities consisted of the following:
| | | | | | | | | | | | | | | | | December 31, | (in thousands) | | 2021 | | 2020 | Sales reserves | | $ | 98,998 | | | $ | 83,175 | | Accrued salaries, bonus, paid time off and other benefits | | 121,074 | | | 80,074 | | Accrued import duties | | 17,272 | | | 18,522 | | Taxes other than income taxes payable | | 27,930 | | | 15,002 | | Product warranties | | 13,645 | | | 14,745 | | Other | | 37,566 | | | 45,760 | | | | $ | 316,485 | | | $ | 257,278 | |
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Reconciliation of Product Warranties |
A reconciliation of product warranties is as follows:
| | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | (in thousands) | | 2021 | | 2020 | | 2019 | Balance at beginning of year | | $ | 14,745 | | | $ | 14,466 | | | $ | 13,186 | | Provision for warranty claims | | 2,179 | | | 3,033 | | | 5,152 | | Warranty claims | | (2,917) | | | (3,128) | | | (3,810) | | Other | | (362) | | | 374 | | | (62) | | Balance at end of year | | $ | 13,645 | | | $ | 14,745 | | | $ | 14,466 | |
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