XML 31 R19.htm IDEA: XBRL DOCUMENT v3.25.2
ACCOUNTS PAYABLE, ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES
 6 Months Ended
Jun. 30, 2025
Accrued Liabilities, Current [Abstract]  
ACCOUNTS PAYABLE, ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES ACCOUNTS PAYABLE, ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES
Accounts Payable - Supplier Financing Program

We have an agreement with a third party to provide a supplier financing program, which facilitates participating suppliers’ ability to finance payment obligations from us with a designated third-party financial institution. Participating suppliers may, at their sole discretion, make offers to finance one or more of our payment obligations prior to their scheduled due dates at a discounted price. Our obligations to our suppliers, including amounts due and scheduled payment dates, are not impacted by suppliers’ decisions to finance amounts under these arrangements. The terms of payments are consistent with the terms of our trade payables. Activity related to the obligations is presented within operating activities on the unaudited condensed consolidated statements of cash flows. The changes in our outstanding payment obligations under this arrangement, which are included in accounts payable on the unaudited condensed consolidated balance sheets, were as follows:
(in thousands)For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
2025202420252024
Payment obligations outstanding at the beginning of the period$8,661 $10,400 $5,967 $9,057 
  Payment obligations additions during the period14,834 10,256 29,828 23,324 
  Payment obligations settled during the period(16,258)(11,909)(28,558)(23,634)
Payment obligations outstanding at the end of the period$7,237 $8,747 $7,237 $8,747 
Accrued Liabilities

Accrued liabilities consisted of the following:
(in thousands)June 30, 2025December 31, 2024
  
Accrued employee compensation and related expenses$140,920 $174,583 
Accrued expenses90,045 165,550 
Accrued customer incentives and refund obligations84,970 78,195 
Accrued taxes75,214 62,252 
Current lease liabilities25,828 21,539 
Total accrued liabilities$416,977 $502,119 

Other Long-Term Liabilities

Other long-term liabilities consisted of the following:
(in thousands)June 30, 2025December 31, 2024
Accrued taxes$14,112 $20,898 
Other accrued long-term expenses42,676 23,443 
Total other long-term liabilities$56,788 $44,341