Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income (Loss) Before Income Taxes

Income before income taxes was generated in the United States and globally as follows:

(table only in thousands)	2022		2021		2020
Domestic	$	11,971	$	771	$	3,495
Foreign		11,718		3,903		8,349
	$	23,689	$	4,674	$	11,844

Schedule of Income Tax Provision

Income tax expense (benefit) consisted of the following for the years ended December 31:

(table only in thousands)	2022			2021			2020
Current:
Federal	$	5,009		$	354		$	(239	)
State		836			278			241
Foreign		1,755			1,972			2,632
		7,600			2,604			2,634
Deferred:
Federal		(3,001	)		426			1,638
State		(231	)		45			313
Foreign		1,058			(384	)		(913	)
		(2,174	)		87			1,038
	$	5,426		$	2,691		$	3,672

The income tax expense (benefit) differs from the statutory rate due to the following:

(table only in thousands)	2022			2021			2020
Tax expense at statutory rate	$	4,975		$	981		$	2,487
Increase (decrease) in tax resulting from:
State income tax, net of federal benefit		340			334			503
Change in uncertain tax position reserves		3			2			(115	)
Other permanent differences		383			22			601
Impact of rate differences and adjustments		376			1,003			101
United States tax credits and incentives		(626	)		300			153
Foreign tax credits and incentives		(895	)		(265	)		(794	)
Change in valuation allowance		(526	)		(489	)		(218	)
Foreign withholding taxes on repatriation of foreign earnings		139			244			242
Earnout expense (income)		(48	)		233			293
Investment in joint venture		375			237			(1,341	)
Net effect GILTI and FDII		565			—			1,598
Other		365			89			162
	$	5,426		$	2,691		$	3,672

Schedule of Net Deferred Tax Assets and Liabilities

Deferred income taxes reflect the future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes and tax credit carry forwards. The net deferred tax liabilities consisted of the following at December 31:

(table only in thousands)	2022			2021
Gross deferred tax assets:
Accrued expenses	$	692		$	775
Reserves on assets		2,228			1,576
Share-based compensation awards		452			400
Minimum pension		1,247			1,239
Net operating loss carry-forwards		3,142			3,001
Tax credit carry-forwards		2,349			2,464
Investment in joint venture		815			1,226
Leases		2,564			2,424
Research and development costs		3,224			—
Other		69			582
Valuation allowances		(4,950	)		(5,476	)
	$	11,832		$	8,211
Gross deferred tax liabilities:
Depreciation		(727	)		(881	)
Goodwill and intangibles		(13,310	)		(11,501	)
Prepaid expenses and inventory		(783	)		(132	)
Withholding tax on unremitted foreign earnings		(1,254	)		(1,114	)
Leases		(2,564	)		(2,424	)
Revenue recognition		(1,031	)		(44	)
		(19,669	)		(16,096	)
Net deferred tax liabilities	$	(7,837	)	$	(7,885	)

Schedule of Reconciliation of Uncertain Tax Position

A reconciliation of the beginning and ending amount of uncertain tax position reserves included in other liabilities on the Consolidated Balance Sheets is as follows:

(table only in thousands)	2022		2021
Balance as of January 1,	$	141	$	139
Additions for tax positions taken in prior years		3		2
Reductions of tax positions taken in prior years		—		—
Reductions for settlements on tax positions of prior years		—		—
Balance as of December 31,	$	144	$	141