Note 11 - Other Assets and Liabilities

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Other Assets and Other Liabilities [Text Block]

11.         Other assets and liabilities

Other assets consisted of the following as of  December 31, 2021 and 2020 (in thousands):

	December 31,
	2021		2020
Cash surrender value of life insurance policies	$	18,857	$	-
Prepayments		19,891		17,824
Value-added tax receivables		22,524		19,213
Collateral deposits		1,599		1,761
Deposits		7,331		3,286
Other		9,197		2,621
Total	$	79,399	$	44,705
Current		52,938		39,957
Non – current		26,461		4,748
Total	$	79,399	$	44,705

Other liabilities consisted of the following as of  December 31, 2021 and 2020 (in thousands):

	December 31,
	2021		2020
Deferred revenue	$	17,038	$	29,063
Other tax and social security		27,893		16,830
Income tax liabilities - non-current portion		45,741		35,377
Deferred compensation plan		9,339		-
Other		49,739		20,999
Total	$	149,750	$	102,269
Current		74,213		59,043
Non – current		75,537		43,226
Total	$	149,750	$	102,269

Cash Surrender Value of Life Insurance Policies

At December 31, 2021, we had $18.9 million of cash surrender value of life insurance policies that are held within a Rabbi Trust for the purpose of paying future executive deferred compensation benefit obligations. Gains associated with these policies are included in other income, net on our consolidated statements of operations. Gain on changes in the cash surrender value of life insurance policies was $0.5 million for the year ended December 31, 2021.