Other (Tables)

12 Months Ended

Dec. 31, 2013

Components of Inventory

The components of inventory are as follows:

	December 31,
	2013		2012
	(in thousands)
Finished goods	$	108,340	$	101,021
Work in process		1,966		2,046
Raw materials		2,485		1,517
Total	$	112,791	$	104,584

Property and Equipment

Property and equipment consist of:

	December 31,
	2013			2012
	(in thousands)
Machinery, furniture and equipment	$	79,132		$	75,896
Leasehold improvements		26,959			26,334
Building and improvements		1,604			1,604
Construction in progress		104			920
Land		100			100
		107,899			104,854
Less: accumulated depreciation and amortization		(80,201	)		(73,208	)
Total	$	27,698		$	31,646

Accrued Expenses

Accrued expenses consist of:

	December 31,
	2013		2012
	(in thousands)
Customer allowances and rebates	$	11,756	$	10,595
Compensation and benefits		11,781		7,824
Interest		98		401
Vendor invoices		5,135		5,355
Royalties		2,567		2,259
Commissions		1,245		1,089
Freight		1,419		1,122
Contingent consideration related to F&F acquisition		1,647		730
Working capital excess related to F&F acquisition		254		845
Other		5,193		3,134
Total	$	41,095	$	33,354

Deferred Rent Other Long Term Liabilities

Deferred rent & other long-term liabilities consist of:

	December 31,
	2013		2012
	(in thousands)
Deferred rent liability	$	9,737	$	10,719
Retirement benefit obligations		5,212		5,752
Contingent consideration related to F&F acquisition		3,647		4,640
Derivative liability		48		454
Total	$	18,644	$	21,565

Supplemental Cash Flow Information

Supplemental cash flow information

	Year Ended December 31,
	2013			2012		2011
	(in thousands)
Supplemental disclosure of cash flow information:
Cash paid for interest	$	4,115		$	5,498	$	6,877
Cash paid for taxes		10,862			6,067		10,331
Non-cash investing activities:
Translation adjustment	$	(140	)	$	3,077	$	(704	)

Components of Accumulated Other Comprehensive Loss

Components of accumulated other comprehensive loss, net

	Year Ended December 31,
	2013			2012			2011
	(in thousands)
Accumulated translation adjustment:
Balance at beginning of year	$	(2,804	)	$	(5,881	)	$	(5,177	)
Translation adjustment during period		(140	)		3,077			(704	)
Balance at end of year	$	(2,944	)	$	(2,804	)	$	(5,881	)
Accumulated effect of retirement benefit obligations:
Balance at beginning of year	$	(1,160	)	$	—		$	—
Net gain (loss) arising from retirement benefit obligations, net of tax		361			(1,187	)		—
Amounts reclassified from accumulated other comprehensive loss:
Amortization of loss, net of tax(1)		54			27			—
Balance at end of year	$	(745	)	$	(1,160	)	$	—
Accumulated deferred gains (losses) on cash flow hedges:
Balance at beginning of year	$	(272	)	$	—		$	—
Derivative fair value adjustment, net of tax		241			(272	)		—
Amounts reclassified from accumulated other comprehensive loss:
Hedge de-designation, net of tax(2)		—			—			—
Balance at end of year	$	(31	)	$	(272	)	$	—

Notes:

⁽¹⁾ Amount is recorded in selling, general and administrative expenses on the consolidated statements of operations.

⁽²⁾  Amount is recorded in interest expense on the consolidated statements of operations.