| Components of Accrued Liabilities and Other Liabilities |
The following table presents components of "accrued liabilities" recorded in the Company's balance sheets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
December 2022 |
|
|
December 2021 |
| Customer discounts, allowances and incentives |
|
$ |
45,692 |
|
|
|
$ |
58,881 |
|
| Compensation |
|
35,483 |
|
|
|
62,135 |
|
| Other taxes |
|
14,628 |
|
|
|
20,016 |
|
| Advertising |
|
7,799 |
|
|
|
11,976 |
|
| Derivative liabilities (Note 14) |
|
1,218 |
|
|
|
1,623 |
|
| Deferred compensation (Note 12) |
|
5,392 |
|
|
|
6,629 |
|
| Restructuring (Note 21) |
|
10,695 |
|
|
|
1,079 |
|
| Professional services |
|
13,460 |
|
|
|
13,529 |
|
| Income taxes payable |
|
29,859 |
|
|
|
17,722 |
|
| Customer deposits |
|
6,715 |
|
|
|
6,141 |
|
| Insurance |
|
3,048 |
|
|
|
2,796 |
|
| Contract liabilities (Note 2) |
|
1,057 |
|
|
|
2,258 |
|
| Other |
|
21,943 |
|
|
|
12,379 |
|
| Accrued liabilities |
|
$ |
196,989
|
|
|
|
$ |
217,164
|
|
The following table presents components of "other liabilities" recorded in the Company's balance sheets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
December 2022 |
|
|
December 2021 |
| Deferred compensation (Note 12) |
|
$ |
39,197 |
|
|
|
$ |
52,162 |
|
| Derivative liabilities (Note 14) |
|
1,089 |
|
|
|
6,401 |
|
| Income taxes payable |
|
15,359 |
|
|
|
16,570 |
|
| Pension liabilities (Note 12) |
|
4,334 |
|
|
|
13,685 |
|
| Insurance |
|
1,242 |
|
|
|
1,257 |
|
|
|
|
|
|
|
| Other |
|
8,810 |
|
|
|
9,117 |
|
| Other liabilities |
|
$ |
70,031
|
|
|
|
$ |
99,192
|
|
|