| Summary Of Accrued Expenses |
Accrued expenses consist of the following: | | | | | | | | | | | | | | | | | | March 31, | | | | 2026 | | 2025 | | Payroll and benefits | | $ | 104,233 | | | $ | 90,956 | | | Accrued selling expenses | | 44,162 | | | 48,098 | | | Contract liabilities | | 48,080 | | | 28,821 | | | Warranty | | 27,774 | | | 28,090 | | | Operating lease liabilities | | 24,976 | | | 22,357 | | | Income taxes payable | | 24,427 | | | 22,110 | | | Freight | | 28,304 | | | 19,908 | | | VAT and other non-income taxes | | 17,950 | | | 14,649 | | | Net Investment Hedges | | 16,076 | | | — | | | Interest | | 9,034 | | | 9,025 | | | Other | | 74,633 | | | 56,593 | | | Total | | $ | 419,649 | | | $ | 340,607 | |
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