INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Components of income (loss) before taxes

	Year Ended December 31,
	2011		2012			2013
Domestic	$	3,189		$	1,869		$	(1,508	)
Foreign		177			154			115
	$	3,366		$	2,023		$	(1,393	)

Temporary differences to the components of deferred tax assets

Temporary differences that give rise to the components of deferred tax assets are as follows (in thousands):

			December31,
			2012			2013
Current deferred tax assets:
	Inventory		$	323		$	692
	Accrued compensation			251			131
	Net operating loss carryforwards – domestic			45			1,589
	Stock Options			463			443
	Other			789			695
				1,871			3,550
	Valuation allowance			(741	)		(1,394	)
		Total current deferred tax assets	$	1,130		$	2,156
Noncurrent deferred tax assets:
	Research and development tax credit		$	526		$	598
	Alternative minimum tax credit			233			297
	Deferred revenue			1,884			3,978
	Property and equipment			2,059			2,006
	Net operating loss carryforwards – domestic			39,541			36,445
	Other			—			60
				44,243			43,384
	Valuation allowance			(17,497	)		(17,026	)
		Total noncurrent deferred tax assets	$	26,746		$	26,358

Components of income tax expense (benefit)

				Year Ended December 31,
				2011			2012		2013
Current income tax expense (benefit):
	Federal			$	37	$		41	$	95
	State				90			140		62
	Foreign				38			33		26
		Total current expense (benefit)			165			214		183
Deferred income tax expense (benefit):
	Federal				977			560		(583	)
	State				79			46		(54	)
	Foreign				—			—		—
		Total deferred expense (benefit)			1,056			606		(637	)
			Total income tax expense (benefit)	$	1,221	$		820	$	(454	)

Effective income tax rate

	Year Ended December 31,
	2011			2012			2013
Statutory federal tax rate		34	%		34	%		34	%
State income taxes, net of federal benefit		3	%		4	%		3	%
Non-controlling interest in Heska Imaging US, LLC		—			—			6	%
Other permanent differences		3	%		6	%		(10	) %
Change in tax rate		(4	) %		(1	) %		—	%
Foreign rate difference		(1	) %		(1	) %		(1	) %
Change in valuation allowance		(137	) %		(638	) %		(13	) %
Other		138	%		637	%		13	%
Effective income tax rate		36	%		41	%		33	%