Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):



	2016			2015			2014
Unrecognized tax benefits at January 1,	$	9,964		$	11,747		$	12,385
Tax positions, current period	983			1,044			1,441
Tax positions, prior period	83			(640		)	56
Settlements with taxing authorities	(1,657		)	(1,371		)	(947		)
Lapse of applicable statute of limitations	(816		)	(816		)	(1,188		)
Unrecognized tax benefits at December 31,	$	8,557		$	9,964		$	11,747

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred tax assets and liabilities as of December 31, 2016 and 2015 are summarized as follows (in thousands):



	2016			2015
Deferred tax assets:
Net operating loss carry-forwards	$	9,885		$	8,045
Tax credit carry-forwards	2,925			934
Accruals for compensation	14,573			14,937
Accruals for inventory capitalization	2,587			2,738
Unrealized benefit plan loss	4,931			5,571
Unrealized foreign exchange	7,221			7,994
Other	3,208			3,247
Total deferred tax assets	45,330			43,466
Valuation allowance (1)	(9,963		)	(10,862		)
Net deferred tax asset	35,367			32,604
Deferred tax liabilities:
Intangibles	(7,061		)	(5,876		)
Property, plant and equipment	(5,774		)	(8,372		)
Accrued interest	—			(10,111		)
Unrealized foreign exchange	(4,206		)	(6,421		)
Other	(3,998		)	(1,579		)
Total deferred tax liabilities	(21,039		)	(32,359		)
Net deferred income taxes	$	14,328		$	245

	2016			2015
Current deferred tax assets	$	—		$	3,164
Current deferred tax liabilities	—			(9,731		)
Long-term deferred tax assets	20,605			11,693
Long-term deferred tax liabilities	(6,277		)	(4,881		)
Total deferred tax assets (liabilities)	$	14,328		$	245

(1) Valuation allowance at 12/31/14 was $7.2 million.

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The components of income before income tax expense for 2016, 2015 and 2014 are as follows (in thousands):



	2016		2015		2014
United States	$	34,723	$	55,143	$	154,943
Other countries	39,884		93,547		180,988
Income before income tax expense	$	74,607	$	148,690	$	335,931

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of income tax expense for 2016, 2015 and 2014 are as follows (in thousands):



	2016			2015			2014
Current:
United States	$	(2,469	)	$	17,257		$	44,350
Other countries	16,533			14,629			23,546
State and provincial	600			1,979			4,727
Total current	14,664			33,865			72,623
Deferred:
United States	1,844			(2,905		)	2,801
Other countries	(5,845		)	2,947			1,675
State and provincial	85			(149		)	206
Total deferred	(3,916		)	(107		)	4,682
Income tax expense	$	10,748		$	33,758		$	77,305

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The differences in income tax expense computed using The Netherlands statutory income tax rate of 25%, 25% and 25% in 2016, 2015 and 2014, respectively, and our income tax expense as reported in the accompanying Consolidated Statements of Operations for 2016, 2015 and 2014 are as follows (in thousands):



	2016			2015			2014
Tax at The Netherlands income tax rate	$	18,652		$	37,173		$	83,983
International earnings taxed at rates other than The Netherlands statutory rate	(16,840		)	(14,066		)	(6,721		)
Non-deductible expenses	2,936			2,832			2,807
Change in valuation allowance	(899		)	3,625			1,150
State and provincial taxes	600			1,133			3,339
Adjustments of prior year taxes	2,412			483			(2,973		)
Adjustments of income tax reserves	(604		)	(1,205		)	(1,570		)
Foreign exchange	3,381			4,358			1,659
Other	1,110			(575		)	(4,369		)
Income tax expense	$	10,748		$	33,758		$	77,305