Current Liabilities Current Liabilities

6 Months Ended

Jun. 30, 2014

Payables and Accruals [Abstract]

Current Liabilities Disclosure [Text Block]

Current Liabilities

Accrued expenses consist of accruals for the following (in thousands):

	June 30, 2014		December 31, 2013
Salaries and wages	$	34,778	$	40,252
Taxes other than income taxes, primarily Value Added Taxes	24,863		24,525
Warranty cost	26,084		27,393
Freight	7,356		7,636
Professional	8,166		6,516
Product liability, current portion	3,410		3,183
Rebates	2,133		1,681
Insurance	2,502		2,549
Interest	1,431		1,041
Derivative liabilities	1,592		1,212
Severance	3,491		3,986
Other items, principally trade accruals	12,930		13,126
	$	128,736	$	133,100

Accrued rebates relate to several volume incentive programs the Company offers its customers. The Company accounts for these rebates as a reduction of revenue when the products are sold in accordance with the guidance in ASC 605-50, Customer Payments and Incentives.