Ascent Industries Co. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

Accrued Expenses

12 Months Ended

Dec. 31, 2019

Accrued Expenses [Abstract]

Accrued Expenses

Accrued Expenses

Accrued expenses consist of the following:



(in thousands)	2019				2018
Salaries, wages, and commissions	2,972				5,208
Taxes, other than income taxes	406				852
Current portion of earn-out liability	5,576				2,907
Advances from customers	153				178
Insurance	578				321
Professional fees	265				256
Warranty reserve	11				38
Benefit plans	242				266
Insurance financing liability	668				347
Current portion, capital lease obligation	39				267
Customer rebate liability	275				701
Current portion, deferred gain sale-leaseback	—				334
Other accrued items	428				488
Total accrued expenses	$	11,613			$	12,163