4. Balance Sheet Details

Inventories consist of the following (dollars in thousands):

	December 31,
	2011			2010
Raw material	$	121,098		$	66,936
Work-in-process		578			315
Finished goods		45,165			63,945
Reserves for excess and obsolescence		(4,717	)		(4,059	)
	$	162,124		$	127,137

Property and equipment consists of the following (dollars in thousands):

	December 31,
	2011			2010
Land and improvements	$	5,050		$	3,950
Buildings and improvements		52,941			48,986
Machinery and equipment		38,132			32,672
Dies and tools		12,982			11,301
Vehicles		1,026			827
Office equipment		8,380			6,836
Leasehold improvements		44			-
Construction in progress		3,131			-
Gross property and equipment		121,686			104,572
Less accumulated depreciation		(37,302	)		(29,285	)
Property and equipment, net	$	84,384		$	75,287

Other accrued liabilities consist of the following (dollars in thousands):

	December 31,
	2011		2010
Accrued commissions	$	5,731	$	4,578
Accrued interest		3,119		5,018
Accrued warranties – short term		19,187		17,155
Other accrued liabilities		18,987		11,292
	$	47,024	$	38,043

Other long-term liabilities consist of the following (dollars in thousands):

	December 31,
	2011		2010
Accrued pension costs	$	22,044		15,434
Product warranty obligations		15,193		5,323
Other long-term liabilities		6,277		4,145
	$	43,514	$	24,902