OTHER ACCRUED LIABILITIES

3 Months Ended

Mar. 31, 2023

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, 2023		December 31, 2022
Warranty	$	21,557	$	22,061
Chassis converter pool agreements	23,423		20,345
Payroll and related taxes	18,208		29,219
Customer deposits	34,999		32,129
Self-insurance	11,291		10,718
Accrued interest	8,372		3,854
Operating lease obligations	5,994		6,120
Accrued taxes	37,218		24,793
All other	12,782		9,088
	$	173,844	$	158,327

The following table presents the changes in the product warranty accrual included in Other accrued liabilities (in thousands):

	2023		2022
Balance as of January 1	$	22,061	$	22,045
Provisions and revisions to estimates	756		946
Payments	(1,260)		(847)
Balance as of March 31	$	21,557	$	22,144

The Company offers a limited warranty for its products with a coverage period that ranges between 1 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.