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Organization and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Activity in the limited warranty reserve
The activity in the limited warranty reserve during the periods presented was as follows (in thousands):
 
For the Years Ended December 31,
 
2016
 
2015
 
2014
Balance at beginning of year
$
56,474

 
$
53,104

 
$
52,818

Additions to reserve through acquisitions
147

 
250

 
160

Additions charged to expense
194,996

 
73,716

 
61,888

Less: warranty claims paid
(132,343
)
 
(70,596
)
 
(61,762
)
Balance at end of year
$
119,274

 
$
56,474

 
$
53,104

Schedule of assets and liabilities measured at fair value on a recurring basis
Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands):
 
Fair Value Measurements as of December 31, 2016
Asset (Liability)
Total
 
Level 1
 
Level 2
 
Level 3
Non-qualified deferred compensation assets
$
49,330

 
$
49,330

 

 

Foreign exchange contracts, net
298

 

 
$
298

 

Total assets at fair value
$
49,628

 
$
49,330

 
$
298

 

Non-qualified deferred compensation liabilities
$
(49,330
)
 
$
(49,330
)
 

 

Total liabilities at fair value
$
(49,330
)
 
$
(49,330
)
 
$

 

 
Fair Value Measurements as of December 31, 2015
Asset (Liability)
Total
 
Level 1
 
Level 2
 
Level 3
Non-qualified deferred compensation assets
$
48,238

 
$
48,238

 

 

Foreign exchange contracts, net
2,767

 

 
$
2,767

 

Interest rate swap contracts
186

 

 
186

 

Total assets at fair value
$
51,191

 
$
48,238

 
$
2,953

 

Commodity contracts, net
$
(354
)
 

 
$
(354
)
 

Non-qualified deferred compensation liabilities
(48,238
)
 
$
(48,238
)
 

 

Total liabilities at fair value
$
(48,592
)
 
$
(48,238
)
 
$
(354
)
 

Schedule of major components of inventories
Inventories are stated at the lower of cost (first-in, first-out method) or market. The major components of inventories are as follows (in thousands):  
 
December 31, 2016
 
December 31, 2015
Raw materials and purchased components
$
141,566

 
$
167,569

Service parts, garments and accessories
316,383

 
189,731

Finished goods
333,760

 
388,970

Less: reserves
(45,175
)
 
(36,269
)
Inventories
$
746,534

 
$
710,001

Schedule of activity in the warranty reserve
The activity in the deferred revenue reserve during the periods presented was as follows (in thousands):
 
For the Years Ended December 31,

2016
 
2015
 
2014
Balance at beginning of year

 

 

Additions to deferred revenue through acquisitions
$
7,944

 
 
 
 
New contracts sold
20,569

 

 

Less: reductions for revenue recognized
(2,356
)
 

 

Balance at end of year
$
26,157

 

 


(1) The unamortized extended service contract premiums (deferred revenue) recorded in other current liabilities, totaled $11,012,000 and $15,145,000 in other long-term liabilities as of December 31, 2016.