Annual report pursuant to Section 13 and 15(d)

Accrued Expenses (Tables)

v3.8.0.1
Accrued Expenses (Tables)
12 Months Ended
Dec. 31, 2017
Payables and Accruals [Abstract]  
Accrued Expenses
Accrued expenses consist of the following: 
 
2017
 
2016
Indemnified legal judgment (See Note 13)
$

 
$
11,000,000

Salaries, wages, and commissions
3,219,190

 
2,133,814

Taxes, other than income taxes
921,476

 
479,489

Current portion of earn-out liability
1,663,751

 

Advances from customers
184,874

 
571,738

Insurance
372,000

 
209,000

Professional fees
343,706

 
40,073

Warranty reserve
37,771

 
180,000

Benefit plans
208,717

 
159,253

Insurance financing liability
224,961

 
167,724

Customer rebate liability
439,912

 
157,445

Current portion, environmental reserves
549,000


184,887

Current portion, deferred gain sale-leaseback
334,273

 
334,273

Other accrued items
493,823

 
333,091

Total accrued expenses
$
8,993,454

 
$
15,950,787