Income Taxes (Tables)

9 Months Ended

Sep. 30, 2020

Income Tax Disclosure [Abstract]

Schedule Of Effective Income Tax Rate For Continuing Operations

The significant differences between the U.S. federal statutory rate and the effective income tax rate for the nine months ended September 30, 2020 and 2019 are as follows:

(In thousands, except percentages)	2020				2019
Nine Months Ended September 30,	Amount		%		Amount		%
Income tax (benefit) expense at federal statutory rate	$	(6,639)	21.0	%	$	14,284	21.0	%
Foreign tax incentives	(3,412)		10.8	%	(2,416)		(3.6)	%
Changes in estimates related to prior year tax provision	(1,001)		3.2	%	(36)		(0.1)	%
Research and development tax credit	(612)		1.9	%	(336)		(0.5)	%
State taxes, net of federal income tax benefit	(537)		1.7	%	560		0.8	%
Tax contingency accruals and tax settlements	(148)		0.5	%	(2,527)		(3.7)	%
Valuation allowance due to foreign losses and impairments	—		—	%	(2,074)		(3.0)	%
Tax impact of dividend received	—		—	%	(1,016)		(1.5)	%
Foreign Derived Intangible Income (FDII)	—		—	%	(546)		(0.8)	%
Valuation allowance for capital loss carry-forwards	61		(0.2)	%	—		—	%
Non-deductible expenses	312		(1.0)	%	242		0.4	%
Stock-based compensation	240		(0.8)	%	(132)		(0.2)	%
U.S. Tax on Foreign Branch Income	656		(2.1)	%	3,034		4.5	%
Foreign rate differences	2,772		(8.8)	%	1,513		2.2	%
Income tax expense (benefit) at effective income tax rate	$	(8,308)	26.2	%	$	10,550	15.5	%