| Components of Accrued Liabilities and Other Liabilities |
The following table presents components of "accrued liabilities" recorded in the Company's balance sheets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
December 2021 |
|
|
December 2020 |
| Customer discounts, allowances and incentives |
|
$ |
58,881 |
|
|
|
$ |
58,873 |
|
| Compensation |
|
62,135 |
|
|
|
38,948 |
|
| Other taxes |
|
20,016 |
|
|
|
23,797 |
|
| Advertising |
|
11,976 |
|
|
|
11,266 |
|
| Derivative liabilities (Note 14) |
|
1,623 |
|
|
|
7,166 |
|
| Deferred compensation (Note 12) |
|
6,629 |
|
|
|
6,919 |
|
| Restructuring (Note 21) |
|
1,079 |
|
|
|
6,520 |
|
| Professional services |
|
13,529 |
|
|
|
6,410 |
|
| Income taxes payable |
|
17,722 |
|
|
|
6,328 |
|
| Customer deposits |
|
6,141 |
|
|
|
5,017 |
|
| Insurance |
|
2,796 |
|
|
|
3,368 |
|
| Contract liabilities (Note 2) |
|
2,258 |
|
|
|
787 |
|
| Other |
|
12,379 |
|
|
|
17,553 |
|
| Accrued liabilities |
|
$ |
217,164
|
|
|
|
$ |
192,952
|
|
The following table presents components of "other liabilities" recorded in the Company's balance sheets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
December 2021 |
|
|
December 2020 |
| Deferred compensation (Note 12) |
|
$ |
52,162 |
|
|
|
$ |
51,116 |
|
| Derivative liabilities (Note 14) |
|
6,401 |
|
|
|
17,937 |
|
| Income taxes payable |
|
16,570 |
|
|
|
16,735 |
|
| Pension liabilities (Note 12) |
|
13,685 |
|
|
|
14,056 |
|
| Insurance |
|
1,257 |
|
|
|
1,082 |
|
| Restructuring (Note 21) |
|
— |
|
|
|
221 |
|
| Other |
|
9,117 |
|
|
|
14,194 |
|
| Other liabilities |
|
$ |
99,192
|
|
|
|
$ |
115,341
|
|
|