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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2023
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign
Consolidated income (loss) before income taxes for the years ended December 31, 2023, 2022 and 2021 consisted of the following (in thousands):
202320222021
United States$3,793 $(22,489)$(56,665)
Foreign12,031 18,429 (16,669)
Total$15,824 $(4,060)$(73,334)
Schedule of Components of Income Tax Expense (Benefit)
Components of income tax provision (benefit) for the years ended December 31, 2023, 2022 and 2021 consisted of the following (in thousands):
202320222021
Current:
United States$— $155 $370 
U.S. state1,135 1,191 250 
Foreign1,572 2,114 (1,322)
2,707 3,460 (702)
Deferred:
United States2,061 266 (7,662)
U.S. state(721)(12)(177)
Foreign(1,114)1,766 (800)
226 2,020 (8,639)
Total income tax provision (benefit)$2,933 $5,480 $(9,341)
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of the U.S. statutory income tax benefit to the total income tax provision (benefit) for the years ended December 31, 2023, 2022 and 2021 is as follows:
202320222021
U.S. statutory income tax provision (benefit)$3,323 $(853)$(15,400)
Effect of foreign income taxed at different rates(425)1,895 (483)
Foreign income subject to U.S. taxes931 1,876 182 
Utilization of U.S. foreign tax credits
(1,460)(291)— 
State income taxes, net of federal benefits962 89 (1,157)
Changes in valuation allowances against tax assets (see Note 16)
(2,010)19 2,410 
Non-deductible compensation1,390 627 814 
Other non-deductible expenses, net
222 2,118 2,336 
Release of foreign currency translation adjustments on liquidation of an international operation— — 1,957 
Total income tax provision (benefit)$2,933 $5,480 $(9,341)
Schedule of Deferred Tax Assets and Liabilities
The significant items giving rise to the deferred tax assets and liabilities as of December 31, 2023 and 2022 are as follows (in thousands):
20232022
Deferred tax assets:
Foreign tax credit carryforwards$12,614 $19,237 
Net operating loss carryforwards23,960 44,955 
Inventories11,523 9,969 
Operating lease liabilities4,334 4,822 
Employee benefits4,442 4,327 
Deferred revenue
6,437 — 
Other5,770 3,357 
Gross deferred tax asset69,080 86,667 
Valuation allowance (see Note 16)
(29,638)(36,749)
Net deferred tax asset39,442 49,918 
Deferred tax liabilities:
Tax over book depreciation(14,337)(21,077)
Intangible assets(26,542)(29,232)
Operating lease assets(3,632)(4,013)
Other(437)(731)
Deferred tax liability(44,948)(55,053)
Net deferred tax liability$(5,506)$(5,135)
Schedule Of Deferred Tax Reclassifications
20232022
Balance sheet classification:
Other non-current assets$2,211 $1,517 
Deferred tax liability(7,717)(6,652)
Net deferred tax liability$(5,506)$(5,135)