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Other Long-Term Obligations
6 Months Ended
Jun. 30, 2015
Other Liabilities Disclosure [Abstract]  
Other Long-Term Obligations
Other Long-Term Obligations

Other long-term obligations consist of the following (in thousands):
 
June 30, 2015
 
December 31, 2014
Supplemental Executive Retirement Plan (SERP) liability
$
5,993

 
$
6,067

Product liability
16,448

 
18,860

Deferred income taxes
27,366

 
30,423

Deferred gain on sale leaseback
7,112

 

Deferred compensation
4,634

 
5,667

Uncertain tax obligation including interest
14,181

 
15,160

Other
12,767

 
12,628

Total long-term obligations
$
88,501

 
$
88,805



On April 23, 2015, the Company entered into a real estate sale leaseback transaction which resulted in the Company recording an initial deferred gain of $7,414,000, the majority of which is included in Other Long-Term Obligations and will be recognized over the life of the leases, which is 20 years. The gain realized during the quarter ended June 30, 2015 was approximately $42,000.