INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2016

INCOME TAXES

Schedule of provision for income taxes based on income before income taxes

The provision for income taxes is based on income before income taxes as follows (in thousands):

	For the year ended
	December 31, 2016		December 31, 2015		December 31, 2014
Domestic	$	4,288	$	7,676	$	9,484
Foreign	8,515		7,745		9,139
Income before income taxes	$	12,803	$	15,421	$	18,623

Schedule of components of the total provision for income taxes

Components of the total provision for income taxes are as follows (in thousands):

	For the year ended
	December 31, 2016			December 31, 2015		December 31, 2014
Current provision (benefit)
Domestic	$	(70	)	$	1,936	$	1,917
Foreign	2,025			1,042		1,126
Total current provision	1,955			2,978		3,043
Deferred provision
Domestic	1,438			1,217		1,297
Foreign	332			152		423
Total deferred provision	1,770			1,369		1,720
Provision for income taxes	$	3,725		$	4,347	$	4,763

Schedule of differences in the provision for income taxes from the amount determined by applying the federal statutory rate

	For the year ended
	December 31, 2016		December 31, 2015		December 31, 2014
Tax provision, computed at statutory rate	34.0	%	34.0	%	34.0	%
State tax, net of federal impact	4.6	%	4.8	%	0.6	%
Change in valuation allowance	0.9	%	(3.3	)%	(4.7	)%
Effect of foreign tax rate differences	(6.5	)%	(6.1	)%	(4.5	)%
Permanent items, other	(0.4	)%	0.9	%	(0.7	)%
R&D Credit	(1.7	)%	(1.3	)%	(0.5	)%
Restricted Stock Awards	(2.7	)%	0.0	%	0.0	%
Other	0.9	%	(0.8	)%	1.4	%
Provision for income taxes	29.1	%	28.2	%	25.6	%

Schedule of tax effects of significant temporary differences and credit and operating loss carryforwards that give rise to the net deferred tax assets and tax liabilities

	December 31, 2016			December 31, 2015
Noncurrent deferred tax assets:
Employee benefit plans	$	2,247		$	2,719
Goodwill and Intangibles	—			215
Other	852			582
Allowances and other	969			977
Net operating loss and tax credit carryforwards	1,003			1,045
Total noncurrent deferred tax assets	5,071			5,538
Valuation allowance	(557		)	(439		)
Net noncurrent deferred tax assets:	$	4,514		$	5,099
Net noncurrent deferred tax liabilities:
Property and Equipment	$	3,445		$	2,857
Goodwill and Intangibles	3,136			—
Other	276			324
Total deferred tax liabilities	$	6,857		$	3,181
Net deferred tax asset/(deferred tax liability)	$	(2,343	)	$	1,918