14. OTHER LONG-TERM LIABILITIES

In connection with the acquisition of Landshire, Inc. (“Landshire”) on January 30, 2015, we recorded a liability of $19,293 as of the acquisition date, for contingent consideration related to certain earn-out payments based on the expectation that certain minimum annual volume targets would be achieved. At December 31, 2016, the fair value of the liability for the earn out payments was $9,875 of which $6,621 was included in other accrued liabilities and the remainder included in other long-term liabilities. We made the payment that was due in 1^st Quarter 2017 but, with respect to the remaining balance, we do not believe that the minimum annual target for Fiscal 2017 will be met, and, accordingly, concluded that the remaining fair value balance of $6,582 should be reduced to $0. The fair value reduction is included in “Other (income) expense, net” on the Condensed Consolidated Statement of Operations and Comprehensive Income. The activity related to the contingent consideration was as follows:


	Total
Balance at December 31, 2016	$	9,875
Accruals		41
Payments		(3,334	)
Reduction		(6,582	)

Balance at April 1, 2017	$	—

In connection with the acquisition of Better Bakery, LLC (“Better Bakery”) on April 24, 2015, we assumed an onerous broker contract. At April 1, 2017 and December 31, 2016, the liability for this contract was $3,538 and $4,198, respectively. These amounts are reflected in other accrued liabilities as the contract expires in Fiscal 2017.

During 1^st Quarter 2017, payments made with respect to the earn-out agreement and the onerous broker contract were $3,333 and $699, respectively.