text: **Results of Operations** ***Self-insurance reserves***– The Company is partially self-insured 
  
  for general liability, product liability, workers’ compensation, and  The following table sets forth the percentage of consolidated net sales 
  
  certain employee health benefits. The general, product, and workers’  represented by certain items reflected in the Company’s statements of 
  
  compensation liabilities are managed using a wholly owned insurance  income for the periods indicated. 
  
  captive; the related liabilities are included in the accompanying finan- 
  
  cial statements. The Company’s policy is to accrue amounts in 
  
  accordance with the actuarially determined liabilities. The actuarial 
  
  valuations are based on historical information along with certain 
  
  assumptions about future events. Changes in assumptions for such 
  
  matters as claims, medical costs, and changes in actual experience 
  
  could cause these estimates to change in the near term. 