Accrued Expenses And Other Current Liabilities

12 Months Ended

Dec. 31, 2020

Payables and Accruals [Abstract]

Accrued Expenses and Other Current Liabilities

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consisted of the following at December 31:

(In thousands)	2020		2019
Employee compensation and benefits	$	62,555	$	45,612
Current portion of accrued warranty	32,451		29,898
Customer rebates	23,670		14,129
Other	69,524		42,781
Accrued expenses and other current liabilities	$	188,200	$	132,420

Estimated costs related to product warranties are accrued at the time products are sold. In estimating its future warranty obligations, the Company considers various factors, including the Company’s historical warranty costs, warranty claim lag, current trends, product mix, and sales.

The following table provides a reconciliation of the activity related to the Company’s accrued warranty, including both the current and long-term portions, for the years ended December 31:

(In thousands)	2020		2019		2018
Balance at beginning of period	$	47,167	$	46,530	$	38,502
Provision for warranty expense	19,037		30,520		31,819
Warranty liability from acquired businesses	2,915		287		760
Warranty costs paid	(22,028)		(30,170)		(24,551)
Balance at end of period	47,091		47,167		46,530
Less long-term portion	14,640		17,269		14,350
Current portion of accrued warranty at end of period	$	32,451	$	29,898	$	32,180