Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2014

Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands):



	Fair Value Measurements as of September 30, 2014
Asset (Liability)	Total			Level 1			Level 2			Level 3
Non-qualified deferred compensation assets	$	40,911		$	40,911		—			—
Foreign exchange contracts, net	2,554			—			$	2,554		—
Total assets at fair value	$	43,465		$	40,911		$	2,554		—
Non-qualified deferred compensation liabilities	$	(40,911	)	$	(40,911	)	—			—
Total liabilities at fair value	$	(40,911	)	$	(40,911	)	—			—
	Fair Value Measurements as of December 31, 2013
Asset (Liability)	Total			Level 1			Level 2			Level 3
Commodity contracts, net	$	30		—			$	30		—
Non-qualified deferred compensation assets	24,711			$	24,711		—			—
Total assets at fair value	$	24,741		$	24,711		$	30		—
Foreign exchange contracts, net	$	(9	)	—			$	(9	)	—
Non-qualified deferred compensation liabilities	(24,711		)	$	(24,711	)	—			—
Total liabilities at fair value	$	(24,720	)	$	(24,711	)	$	(9	)	—

The major components of inventories are as follows (in thousands):



	September 30, 2014			December 31, 2013
Raw materials and purchased components	$	149,555		$	107,496
Service parts, garments and accessories	161,877			125,765
Finished goods	298,314			206,290
Less: reserves	(27,553		)	(21,603		)
Inventories	$	582,193		$	417,948

The activity in the warranty reserve during the periods presented was as follows (in thousands):



	Three months ended September 30,						Nine months ended September 30,
	2014			2013			2014			2013
Balance at beginning of period	$	44,811		$	42,717		$	52,818		$	47,723
Additions to warranty reserve through acquisitions	—			—			110			1,602
Additions charged to expense	21,227			16,860			44,524			38,850
Warranty claims paid	(14,644		)	(11,475		)	(46,058		)	(40,073		)
Balance at end of period	$	51,394		$	48,102		$	51,394		$	48,102