v3.25.2
OTHER CURRENT LIABILITIES
6 Months Ended
Jun. 30, 2025
Other Liabilities, Current [Abstract]  
OTHER CURRENT LIABILITIES OTHER CURRENT LIABILITIES
Other current liabilities consisted of the following (amounts in thousands):
 June 30,
2025
December 31,
2024
Compensation and benefits$54,348 $47,735 
Warranty13,296 12,571 
Accrued insurance benefits18,814 20,218 
Customer rebates and deposits14,226 15,004 
Accrued other taxes11,793 12,142 
Accrued interest5,614 5,646 
Foreign government grant (1)
3,936 3,672 
Other22,221 26,306 
 $144,248 $143,294 
(1) We received government subsidies in 2023 associated with capital expenditure investments in technological and digital innovation in Europe. The amount of the government subsidies is used to offset existing payables to governmental entities in the future. In addition, during August 2014, we received an approximately $17.0 million capital grant from the Italian government for asset damages related to the earthquake that occurred in May 2012 at one of its Italian subsidiaries. The grant was recorded as deferred income in non-current liabilities which is being amortized over the life of the reconstructed building. There are no specific stipulations associated with the government grant.