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OTHER ACCRUED LIABILITIES
 3 Months Ended
Mar. 31, 2015
Payables and Accruals [Abstract]  
OTHER ACCRUED LIABILITIES
9.
OTHER ACCRUED LIABILITIES
 
The following table presents major components of Other Accrued Liabilities (in thousands):
 
 
 
March 31,
 
December 31,
 
 
 
2015
 
2014
 
Customer deposits
 
$
31,488
 
$
21,680
 
Payroll and related taxes
 
 
21,308
 
 
30,362
 
Warranty
 
 
15,537
 
 
15,462
 
Accrued taxes
 
 
12,913
 
 
8,371
 
Self-insurance
 
 
8,655
 
 
7,543
 
All other
 
 
9,720
 
 
5,272
 
 
 
$
99,621
 
$
88,690
 
 
The following table presents the changes in the product warranty accrual included in Other Accrued Liabilities (in thousands):
 
 
 
2015
 
2014
 
Balance as of January 1
 
$
15,462
 
$
14,719
 
Provision for warranties issued in current year
 
 
1,681
 
 
1,179
 
Recovery of pre-existing warranties
 
 
(260)
 
 
-
 
Payments
 
 
(1,346)
 
 
(1,285)
 
Balance as of March 31
 
$
15,537
 
$
14,613
 
 
The Company offers a limited warranty for its products with a coverage period that ranges between one and five years, except that the coverage period for DuraPlate® trailer panels beginning with those manufactured in 2005 or after is ten 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.