CLEAN HARBORS INC
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
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(9) Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in thousands):
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Accrued compensation and benefits | $134,458 | $113,236 |
| Accrued insurance | 112,367 | 107,658 |
| Accrued interest | 33,259 | 33,857 |
| Accrued income, real estate, sales and other taxes | 35,394 | 44,752 |
| Accrued other | 103,967 | 97,654 |
| $419,445 | $397,157 |
The increase in accrued compensation and benefits is due to both the timing of payments and an increase in accrued incentive compensation. As of December 31, 2024 and 2023, accrued insurance included employee medical insurance costs of $23.9 million and $22.8 million, respectively, and accruals for losses under workers' compensation, comprehensive general liability and vehicle liability self-insurance programs of $83.7 million and $82.7 million, respectively.
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