XML 74 R56.htm IDEA: XBRL DOCUMENT v3.24.0.1
INCOME TAXES - Tax Effects and Tax Cuts and Jobs Act (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Components of income before income taxes      
Domestic $ 18,630 $ 7,707 $ 10,642
Foreign 11,070 15,974 12,471
Income before income taxes 29,700 23,681 23,113
Current provision      
Domestic 7,805 5,903 1,866
Foreign 2,834 4,111 3,288
Total current provision 10,639 10,014 5,154
Deferred provision      
Domestic (4,087) (3,915) 649
Foreign (949) 193 (6,784)
Total deferred (benefit) provision (5,036) (3,722) (6,135)
Income tax provision (benefit) $ 5,603 $ 6,292 $ (981)
Differences in the provision (benefit) for income taxes from the amount determined by applying the federal statutory rate      
Tax provision, computed at statutory rate (as a percent) 21.00% 21.00% 21.00%
State tax, net of federal impact (as a percent) 1.70% 1.30% 2.20%
Change in valuation allowance (as a percent) (1.50%) (0.10%) 7.20%
Effect of foreign tax rate differences (as a percent) 1.90% 3.90% 3.90%
Section 162(m) compensation 2.40% 3.10% 3.00%
R&D Credits (as a percent) (6.10%) (3.90%) (2.80%)
Effect of Tax Cuts and Jobs Act (as a percent) 0.30% 0.10% 1.20%
Subpart F income (as a percent) 0.00% (0.10%) (1.00%)
Investment tax credits (as a percent) (0.00%) (0.00%) (5.60%)
Net operating loss carryforwards (as a percent) (0.00%) (0.00%) (37.20%)
Unrecognized tax benefits (as a percent) (0.70%) 0.00% 4.90%
Other (as a percent) (0.10%) 1.30% (1.00%)
Provision for income taxes (as a percent) 18.90% 26.60% (4.20%)
Noncurrent deferred tax assets:      
Employee benefit plans $ 2,241 $ 2,122  
Net operating loss and tax credit carryforwards 7,277 8,277  
Accrued expenses and reserves 2,494 1,672  
Research and development costs 8,363 4,520  
Other 502 328  
Total noncurrent deferred tax assets 20,877 16,919  
Valuation allowance (2,648) (3,031)  
Net noncurrent deferred tax assets: 18,229 13,888  
Net noncurrent deferred tax liabilities:      
Property and equipment 2,949 3,187  
Goodwill and intangibles 10,754 10,944  
Interest rate swap derivatives 1,019 1,678  
Other 84 142  
Total noncurrent deferred tax liabilities 14,806 15,951  
Noncurrent deferred income tax assets 7,760 4,199  
Noncurrent deferred income tax liabilities (4,337) (6,262)  
Net deferred tax asset/(deferred tax liability) 3,423    
Net deferred tax asset/(deferred tax liability)   (2,063)  
Foreign Tax Credits      
Net noncurrent deferred tax liabilities:      
Tax Credits Carryforwards   $ 92  
Domestic      
Net noncurrent deferred tax liabilities:      
Net Operating Losses 8,597    
Domestic | Foreign Tax Credits      
Net noncurrent deferred tax liabilities:      
Tax Credits Carryforwards 1,002    
Domestic | R&D Tax Credits      
Net noncurrent deferred tax liabilities:      
Tax Credits Carryforwards 38    
International      
Net noncurrent deferred tax liabilities:      
Net Operating Losses - Unlimited Carryforward 20,059    
International | Investment Tax Credits      
Net noncurrent deferred tax liabilities:      
Tax Credits Carryforwards $ 919