Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2015

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



	Fair Value Measurements as of June 30, 2015
Asset (Liability)	Total			Level 1			Level 2			Level 3
Non-qualified deferred compensation assets	$	45,324		$	45,324		—			—
Total assets at fair value	$	45,324		$	45,324		—			—
Commodity contracts, net	$	(1,860	)	—			$	(1,860	)	—
Foreign exchange contracts, net	(2,180		)	—			(2,180		)	—
Non-qualified deferred compensation liabilities	(45,324		)	$	(45,324	)	—			—
Total liabilities at fair value	$	(49,364	)	$	(45,324	)	$	(4,040	)	—
	Fair Value Measurements as of December 31, 2014
Asset (Liability)	Total			Level 1			Level 2			Level 3
Non-qualified deferred compensation assets	$	41,797		$	41,797		—			—
Total assets at fair value	$	41,797		$	41,797		—			—
Commodity contracts, net	$	(4,609	)	—			$	(4,609	)	—
Foreign exchange contracts, net	(2,570		)	—			(2,570		)	—
Non-qualified deferred compensation liabilities	(41,797		)	$	(41,797	)	—			—
Total liabilities at fair value	$	(48,976	)	$	(41,797	)	$	(7,179	)	—

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



	June 30, 2015			December 31, 2014
Raw materials and purchased components	$	180,218		$	165,823
Service parts, garments and accessories	171,850			163,455
Finished goods	384,082			262,578
Less: reserves	(27,881		)	(26,171		)
Inventories	$	708,269		$	565,685

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



	Three months ended June 30,						Six months ended June 30,
	2015			2014			2015			2014
Balance at beginning of period	$	48,634		$	47,224		$	53,104		$	52,818
Additions to warranty reserve through acquisitions	150			110			200			110
Additions charged to expense	14,646			12,270			28,565			23,297
Warranty claims paid	(18,331		)	(14,793		)	(36,770		)	(31,414		)
Balance at end of period	$	45,099		$	44,811		$	45,099		$	44,811