Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The Company's income before income taxes and income tax expense for continuing operations, each by tax jurisdiction, consisted of the following:

	Year ended December 31,
	2012			2011		2010
	(dollars in thousands)
Income before income taxes:
Domestic	$	11,920		$	49,060	$	29,980
Foreign	30,340			30,680		26,450
Total income before income taxes	$	42,260		$	79,740	$	56,430
Current income tax expense:
Federal	$	8,250		$	4,500	$	930
State and local	1,860			2,490		70
Foreign	4,190			9,890		8,800
Total current income tax expense	14,300			16,880		9,800
Deferred income tax expense (benefit):
Federal	(6,200		)	10,390		9,930
State and local	(750		)	830		(1,310		)
Foreign	(1,380		)	830		(920		)
Total deferred income tax expense	(8,330		)	12,050		7,700
Income tax expense	$	5,970		$	28,930	$	17,500

Schedule of Deferred Tax Assets and Liabilities

The components of deferred taxes at December 31, 2012 and 2011 are as follows:

	2012			2011
	(dollars in thousands)
Deferred tax assets:
Accounts receivable	$	1,110		$	1,210
Inventories	5,670			5,730
Accrued liabilities and other long-term liabilities	34,880			32,110
Tax loss and credit carryforwards	6,740			5,190
Gross deferred tax asset	48,400			44,240
Valuation allowances	(4,440		)	(2,950		)
Net deferred tax asset	43,960			41,290
Deferred tax liabilities:
Property and equipment	(19,800		)	(20,330		)
Goodwill and other intangible assets	(60,990		)	(63,490		)
Other, principally deferred income	(3,860		)	(2,120		)
Gross deferred tax liability	(84,650		)	(85,940		)
Net deferred tax liability	$	(40,690	)	$	(44,650	)

Schedule of Effective Income Tax Rate Reconciliation

The following is a reconciliation of income tax expense computed at the U.S. federal statutory rate to income tax expense allocated to income from continuing operations before income taxes:

	2012			2011			2010
	(dollars in thousands)
U.S. federal statutory rate	35		%	35		%	35		%
Tax at U.S. federal statutory rate	$	14,790		$	27,910		$	19,750
State and local taxes, net of federal tax benefit	730			2,440			650
Differences in statutory foreign tax rates	(4,920		)	(2,250		)	(1,720		)
Change in recognized tax benefits	(1,320		)	(700		)	(270		)
Tax holiday	(1,160		)	—			—
Restructuring (benefits)/charges	(2,400		)	1,300			—
Noncontrolling interest	(790		)	—			—
Net change in valuation allowance	1,600			130			(1,300		)
Other, net	(560		)	100			390
Income tax expense	$	5,970		$	28,930		$	17,500

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the change in the UTB's and related accrued interest and penalties for the years ended December 31, 2012 and 2011 is as follows:

	Unrecognized Tax Benefits
	(dollars in thousands)
Balance at December 31, 2010	$	13,150
Tax positions related to current year:
Additions	1,340
Tax positions related to prior years:
Additions	870
Reductions	(475		)
Settlements	—
Lapses in the statutes of limitations	(1,495		)
Balance at December 31, 2011	$	13,390
Tax positions related to current year:
Additions	3,990
Tax positions related to prior years:
Additions	6,760
Reductions	(320		)
Settlements	(720		)
Lapses in the statutes of limitations	(1,370		)
Balance at December 31, 2012	$	21,730