XML 23 R70.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income before taxes      
United States $ 67,355 $ 79,812 $ 42,429
Foreign 51,303 23,294 20,545
Income before income taxes 118,658 103,106 62,974
Current:      
Federal 19,421 28,076 14,369
State 1,618 1,768 876
Foreign 11,864 5,456 5,976
Current income tax expense (benefit) 32,903 35,300 21,221
Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract]      
Federal 21 (3,477) (962)
State and local (364) (684) (66)
Foreign (1,264) (357) (1,463)
Deferred income tax expense (benefit) (1,607) (4,518) (2,491)
Income Tax Expense (Benefit), Continuing Operations 31,296 30,782 18,730
Reconciliation of income taxes      
Income tax expense at U.S. federal statutory rate 41,530 36,087 22,041
State income taxes, net of federal tax benefit 757 711 810
Foreign income, net of credit on foreign taxes 501 48 137
Effective tax rate differential of earnings outside of U.S. (8,257) (4,983) (1,901)
Foreign investment tax credit 0 (406) (777)
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount (2,105) 0 (350)
Non-deductible (taxable) items 865 2,885 424
Change in uncertain tax positions (347) (394) (28)
Domestic production activities deduction (2,237) (2,490) (1,626)
Other items 589 676 0
Deferred tax assets:      
Accruals and reserves 25,478 27,625  
Pensions 2,536 7,019  
Inventory 4,350 2,775  
Stock options 6,107 5,220  
Tax credit carryforwards 0 2,662  
Foreign net operating loss carryforwards 594 1,440  
State net operating loss carryforward 1,610 1,517  
Other - net 844 1,331  
Total deferred tax assets before valuation allowance 41,519 49,589  
Valuation allowance (1,250) (1,766)  
Total deferred tax assets, net of valuation allowance 40,269 47,823  
Deferred tax liabilities:      
Property, plant and equipment 17,248 15,705  
Intangibles 53,314 59,396  
Deferred Tax Liabilities, Convertible Notes 2,623 3,071  
Total deferred tax liabilities 73,185 78,172  
Net deferred tax liabilities 32,916 30,349  
Deferred Tax Assets, Net, Current (14,675) (15,282)  
Deferred Tax Assets, Net, Noncurrent (125) (654)  
Long-term deferred tax liabilities 47,716 46,285  
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]      
Unrecognized Tax Benefits Beginning Balance 3,339 2,440 2,468
Additions for tax positions of prior years 299 1,921 128
Reductions for tax positions of prior years (1,921) 0 (22)
Unrecognized Tax Benefits, Decreases Resulting from Settlements with Taxing Authorities 0 905 0
Lapse of statutes of limitation (776) (117) (134)
Unrecognized Tax Benefits Ending Balance 941 3,339 2,440
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 410 851  
Undistributed Earnings of Foreign Subsidiaries 159,962    
Income Taxes Paid 24,977 19,193 17,130
Accrual for interest and penalties 93   106
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense 8 42 42
Possible future decreases in unrecognized tax benefits $ 22