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Accounts Payable and Accrued Expenses (Tables)
12 Months Ended
Dec. 31, 2021
Payables and Accruals [Abstract]  
Summary of Accounts Payable and Accrued Expenses

Accounts payable and accrued expense consisted of the following:

 

 

December 31,

 

(table only in thousands)

 

2021

 

 

2020

 

Trade accounts payable, including amounts due to subcontractors

 

$

56,242

 

 

$

55,899

 

Compensation and related benefits

 

 

6,065

 

 

 

5,079

 

Accrued warranty

 

 

3,074

 

 

 

4,090

 

Contract liability

 

 

4,405

 

 

 

3,974

 

Short-term operating lease liability

 

 

2,414

 

 

 

2,274

 

Other

 

 

11,881

 

 

 

13,681

 

Total accounts payable and accrued expenses

 

$

84,081

 

 

$

84,997

 

Summary of Activity of Current Portion of Earnout Liability

The activity in the Company’s current portion of earnout liability is recorded in Accounts payable and accrued expenses on our Consolidated Balance Sheets, consisted of the following:

 

 

December 31,

 

(table only in thousands)

 

2021

 

 

2020

 

Earnout accrued at beginning of year

 

$

1,743

 

 

$

 

Fair value of earnout at acquisition date

 

 

 

 

 

553

 

Fair value adjustment

 

 

704

 

 

 

1,190

 

Payments

 

 

(1,410

)

 

 

 

Earnout accrued at end of year

 

$

1,037

 

 

$

1,743