XML 28 R17.htm IDEA: XBRL DOCUMENT v3.21.1
OTHER ACCRUED LIABILITIES
 3 Months Ended
Mar. 31, 2021
Payables and Accruals [Abstract]  
OTHER ACCRUED LIABILITIES OTHER ACCRUED LIABILITIES
The following table presents the major components of Other accrued liabilities (in thousands):
March 31,
2021		December 31,
2020
Warranty$20,658 $20,570 
Chassis converter pool agreements18,234 17,767 
Payroll and related taxes12,436 16,163 
Customer deposits31,118 37,792 
Self-insurance14,211 12,086 
Accrued interest8,699 4,368 
Operating lease obligations3,768 4,117 
Accrued taxes6,375 4,790 
All other11,825 13,327 
$127,324 $130,980 
The following table presents the changes in the product warranty accrual included in Other accrued liabilities (in thousands):
20212020
Balance as of January 1$20,570 $22,575 
Provision for warranties issued in current year1,397 973 
Payments(1,309)(1,203)
Balance as of March 31$20,658 $22,345 
The Company offers a limited warranty for its products with a coverage period that ranges between one and 5 years, except that the coverage period for DuraPlate® trailer panels is 10 years. The Company passes through component manufacturers’ warranties to our customers. The Company’s policy is to accrue the estimated cost of warranty coverage at the time of the sale.