| Components of Accrued Liabilities and Other Liabilities |
The following table presents components of "accrued and other current liabilities" recorded in the Company's balance sheets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
December 2024 |
|
|
December 2023 |
| Advertising |
|
$ |
6,737 |
|
|
|
$ |
7,826 |
|
| Compensation |
|
59,234 |
|
|
|
37,501 |
|
| Contract liabilities (Note 2) |
|
1,757 |
|
|
|
1,713 |
|
| Customer deposits |
|
6,391 |
|
|
|
5,833 |
|
| Customer discounts, allowances and incentives |
|
39,510 |
|
|
|
42,159 |
|
| Deferred compensation (Note 13) |
|
6,104 |
|
|
|
6,284 |
|
| Derivative liabilities (Note 15) |
|
10,659 |
|
|
|
4,009 |
|
| Income taxes payable |
|
10,478 |
|
|
|
11,552 |
|
|
|
|
|
|
|
| Other taxes |
|
22,350 |
|
|
|
21,580 |
|
| Professional services |
|
8,967 |
|
|
|
8,598 |
|
| Restructuring (Note 22) |
|
1,830 |
|
|
|
827 |
|
| Other |
|
19,318 |
|
|
|
23,532 |
|
| Accrued and other current liabilities |
|
$ |
193,335
|
|
|
|
$ |
171,414
|
|
The following table presents components of "other liabilities" recorded in the Company's balance sheets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
December 2024 |
|
|
December 2023 |
| Deferred compensation (Note 13) |
|
$ |
47,229 |
|
|
|
$ |
42,855 |
|
| Derivative liabilities (Note 15) |
|
961 |
|
|
|
1,112 |
|
| Income taxes payable |
|
15,256 |
|
|
|
13,949 |
|
|
|
|
|
|
|
| Pension liabilities (Note 13) |
|
4,007 |
|
|
|
3,491 |
|
| Restructuring (Note 22) |
|
65 |
|
|
|
— |
|
| Other |
|
13,069 |
|
|
|
13,197 |
|
| Other liabilities |
|
$ |
80,587
|
|
|
|
$ |
74,604
|
|
|