Accrued Liabilities

6 Months Ended

Jun. 30, 2011

Accrued Liabilities

Accrued Liabilities

Note 5. Accrued Liabilities

Accrued liabilities as of June 30, 2011 and December 31, 2010 consisted of the following:

	June 30, 2011		December 31, 2010
Salaries, wages and related fringe benefits	$	57,751	$	50,540
Taxes		32,977		25,367
Advance payments on sales contracts		43,689		39,026
Product warranty		23,531		19,100
Other		45,741		45,008
Total accrued liabilities	$	203,689	$	179,041

A reconciliation of the changes in the accrued product warranty liability for the three and six-month periods ended June 30, 2011 and 2010 is as follows:

	Three Months Ended June 30						Six Months Ended June 30
	2011			2010			2011			2010
Balance at beginning of period	$	21,033		$	18,134		$	19,100		$	19,312
Product warranty accruals		8,234			5,360			14,966			10,950
Settlements		(5,964	)		(5,784	)		(11,272	)		(11,985	)
Effect of foreign currency translation		228			(704	)		737			(1,271	)
Balance at end of period	$	23,531		$	17,006		$	23,531		$	17,006