Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2017

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



	Fair Value Measurements as of September 30, 2017
Asset (Liability)	Total			Level 1			Level 2			Level 3
Non-qualified deferred compensation assets	$	51,959		$	51,959		—			—
Total assets at fair value	$	51,959		$	51,959		—			—
Non-qualified deferred compensation liabilities	$	(51,959	)	$	(51,959	)	—			—
Foreign exchange contracts, net	(1,685		)	—			$	(1,685	)	—
Total liabilities at fair value	$	(53,644	)	$	(51,959	)	$	(1,685	)	—

	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	)	—			—

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



	September 30, 2017			December 31, 2016
Raw materials and purchased components	$	196,233		$	141,566
Service parts, garments and accessories	331,539			316,383
Finished goods	368,410			333,760
Less: reserves	(54,260		)	(45,175		)
Inventories	$	841,922		$	746,534

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,
	2017			2016			2017			2016
Balance at beginning of period	$	108,403		$	76,873		$	119,274		$	56,474
Additions to warranty reserve through acquisitions	—			—			—			147
Additions charged to expense	42,039			87,679			103,855			155,210
Warranty claims paid, net	(38,357		)	(34,498		)	(111,044		)	(81,777		)
Balance at end of period	$	112,085		$	130,054		$	112,085		$	130,054