Accrued Expenses

12 Months Ended

Dec. 31, 2017

Payables and Accruals [Abstract]

Accrued Expenses

Accrued Expenses:

Accrued expenses consist of the following at December 31, 2017 and 2016 (in thousands):

	December 31,
	2017		2016
Employee benefits, payroll and related taxes	$	93,393	$	92,478
Obligations in connection with acquisitions(a)	—		47,082
Other(b)	174,943		182,605
Total(c)	$	268,336	$	322,165

(a) As of December 31, 2016 included accruals related to net working capital amounts arising from the acquisition of the lithium business of Jiangli New Materials.

(b) No individual component exceeds 5% of total current liabilities.

(c) As of December 31, 2017, $0.8 million of Accrued expenses were classified as Liabilities held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.