INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2018

Reconciliation of Beginning and Ending Amount of Liability for Uncertain Tax Positions

A reconciliation of the beginning and ending amount of the liability for uncertain tax positions, including the portion included in income taxes payable, is as follows:

	Year Ended December 31,
	2018			2017
Liability for uncertain tax positions - January 1	$	30,430		$	27,828
Additions based on tax positions
related to the current year		1,703			2,168
Additions relating to acquisitions		-			-
Translation adjustment		(657	)		804
Settlement/expiration of statutes of limitations		(2,525	)		(370	)
Liability for uncertain tax positions - December 31	$	28,951		$	30,430

Provision (Benefit) for Income Taxes

The provision (benefit) for income taxes consists of the following:

	Years Ended December 31,
	2018			2017
Current:
Federal	$	(3,517	)	$	16,055
State		152			115
Foreign		3,782			5,685
		417			21,855
Deferred:
Federal		2,895			(1,312	)
State		196			(329	)
Foreign		(601	)		1,326
		2,490			(315	)

	$	2,907		$	21,540

Reconciliation of Taxes on Income Computed at Federal Statutory Rate

A reconciliation of taxes on income computed at the U.S. federal statutory rate to amounts provided is as follows:

	Years Ended December 31,
	2018					2017
	$			%		$			%
Tax provision computed at the
federal statutory rate	$	4,959		21	%	$	3,375		35	%
Increase (decrease) in taxes resulting from:
Different tax rates applicable to foreign operations		1,231		5	%		(2,531	)	(26	%)

(Reversal of) increase in liability for uncertain
tax positions - net		(822	)	(3	%)		1,082		11	%

Impact of U.S. Tax Reform		(2,628	)	(11	%)		19,171		199	%

Utilization of research and experimentation, solar and foreign
tax credits		(300	)	(1	%)		(272	)	(3	%)

State taxes, net of federal benefit		322		1	%		(261	)	(3	%)

Foreign tax on gain, net of federal benefit		-		0	%		1,223		13	%

Other, including qualified production activity credits, SERP/COLI
income, under/(over) accruals, unrealized foreign exchange gains
and amortization of purchase accounting intangibles		145		1	%		(247	)	(3	%)
Tax provision computed at the Company's
effective tax rate	$	2,907		12	%	$	21,540		223	%

Deferred Income Tax Assets

Components of deferred income tax assets are as follows:

	December 31,
	2018			2017
	Tax Effect			Tax Effect

Deferred tax assets:
State tax credits	$	1,000		$	1,033
Unfunded pension liability		605			1,139
Reserves and accruals		2,483			2,828
Federal, state and foreign net operating loss
and credit carryforwards		8,370			10,524
Depreciation		850			917
Other accruals		5,641			4,915
Total deferred tax assets		18,949			21,356
Deferred tax liabilities:
Depreciation		1,666			989
Amortization		7,930			8,490
Other accruals		893			946
Total deferred tax liabilities		10,489			10,425
Valuation allowance		9,200			8,343
Net deferred tax (liabilities)/assets	$	(740	)	$	2,588