| Schedule of Accrued Expenses |
Accrued expenses consist of the following:
|
|
|
|
|
|
|
|
|
|
2018 |
|
2017 |
Salaries, wages, and commissions |
5,208,495 |
|
|
3,219,190 |
|
Taxes, other than income taxes |
852,116 |
|
|
921,476 |
|
Current portion of earn-out liability |
2,906,822 |
|
|
1,663,751 |
|
Advances from customers |
177,518 |
|
|
184,874 |
|
Insurance |
321,000 |
|
|
372,000 |
|
Professional fees |
256,296 |
|
|
343,706 |
|
Warranty reserve |
38,020 |
|
|
37,771 |
|
Benefit plans |
265,605 |
|
|
208,717 |
|
Insurance financing liability |
347,440 |
|
|
224,961 |
|
Current portion, capital lease obligation |
267,028 |
|
|
76,198 |
|
Customer rebate liability |
701,361 |
|
|
439,912 |
|
Current portion, environmental reserves |
— |
|
|
549,000 |
|
Current portion, deferred gain sale-leaseback |
334,273 |
|
|
334,273 |
|
Other accrued items |
487,712 |
|
|
417,625 |
|
Total accrued expenses |
$ |
12,163,686 |
|
|
$ |
8,993,454 |
|
|