Annual report pursuant to Section 13 and 15(d)

Payables and Accruals (Tables)

v3.24.0.1
Payables and Accruals (Tables)
 12 Months Ended
Dec. 31, 2023
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities
Accrued liabilities consisted of the following:

December 31,
(in thousands) 2023 2022
Sales reserves $ 103,907  $ 115,366 
Accrued salaries, bonus, paid time off and other benefits 72,726  99,524 
Accrued import duties 18,741  30,847 
Taxes other than income taxes payable 18,706  23,262 
Product warranties 11,620  13,810 
Other 46,358  45,950 
$ 272,058  $ 328,759 
Reconciliation of Product Warranties
A reconciliation of product warranties is as follows:

Year Ended December 31,
(in thousands) 2023 2022 2021
Balance at beginning of year $ 13,810  $ 13,645  $ 14,745 
Provision for warranty claims 877  3,627  2,179 
Warranty claims (3,075) (3,163) (2,917)
Other 8  (299) (362)
Balance at end of year $ 11,620  $ 13,810  $ 13,645