TopBuild Corp. Quarterly report pursuant to Section 13 or 15(d)

Accrued Liabilities

9 Months Ended

Sep. 30, 2023

12. ACCRUED LIABILITIES

The following table sets forth the components of accrued liabilities, in thousands:


	As of
	September 30, 2023		December 31, 2022
Accrued liabilities:
Salaries, wages, and bonus/commissions	$	74,120	$	75,237
Insurance liabilities		30,699		28,870
Customer rebates		15,039		21,561
Deferred revenue		16,422		21,940
Sales and property taxes		19,800		15,757
Interest payable on long-term debt		3,365		12,146
Other		23,639		23,859
Total accrued liabilities	$	183,084	$	199,370

See Note 3 – Revenue Recognition for discussion of our deferred revenue balances.