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Other Liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Other Liabilities Disclosure [Abstract]  
Schedule of Other Accrued Expenses

Other accrued expenses consist of the following:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2024

 

 

2023

 

Accrued interest payable

 

$

30,987

 

 

$

35,637

 

Contingent consideration

 

 

 

 

 

18,355

 

Operating lease liabilities

 

 

13,323

 

 

 

14,573

 

Accrued income taxes

 

 

6,238

 

 

 

3,864

 

General liability insurance reserve

 

 

16,054

 

 

 

12,926

 

Client deposits

 

 

12,906

 

 

 

15,544

 

Rebates due to retailers

 

 

9,752

 

 

 

6,348

 

Liabilities related to the Take 5 Matter

 

 

9,416

 

 

 

9,416

 

Employee medical self-insurance reserves

 

 

10,250

 

 

 

8,695

 

Accrued restructuring and reorganization

 

 

15,598

 

 

 

6,402

 

Other accrued expenses

 

 

10,153

 

 

 

12,655

 

Total other accrued expenses

 

$

134,677

 

 

$

144,415

 

Schedule of Other Long Term Liabilities

Other long-term liabilities consist of the following:

 

 

 

December 31,

 

(in thousands)

 

2024

 

 

2023

 

Operating lease liabilities

 

$

24,648

 

 

$

33,967

 

Workers' compensation

 

 

33,722

 

 

 

35,025

 

Other long-term liabilities

 

 

5,771

 

 

 

5,563

 

Total other long-term liabilities

 

$

64,141

 

 

$

74,555

 

Summary of the Changes in the Carrying Value of the Contingent Consideration Liabilities

The following table summarizes the changes in the carrying value of the contingent consideration liabilities:

 

 

December 31,

 

(in thousands)

 

2024

 

 

2023

 

Beginning of the period

 

$

18,355

 

 

$

14,626

 

Changes in fair value

 

 

1,678

 

 

 

11,152

 

Payments

 

 

(20,033

)

 

 

(7,423

)

End of the period

 

$

 

 

$

18,355