INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2013

Loss Before Income Taxes and Components of Income Tax Provision

from continuing operations before income taxes and the components of the income tax provision consisted of the following for the years ended December 31, 2013, 2012 and 2011 (Restated) (in thousands):



	Year Ended December 31,
							2011
	2013			2012			(Restated)
Income (loss) from continuing operations before income taxes:
United States	$	(16,414	)	$	19,198		$	121,632
Foreign	40,506			31,938			41,463
Total income from continuing operations before income taxes	$	24,092		$	51,136		$	163,095
Provision for (benefit from) income taxes:
Current tax expense (benefit):
Federal	$	(104	)	$	(750	)	$	406
State	114			102			48
Foreign benefit of net operating losses	(170		)	(154		)	(629		)
Other foreign	2,369			5,251			2,804
Total current tax expense	2,209			4,449			2,629
Deferred tax expense (benefit):
Other foreign	730			(400		)	(1,994		)
Total deferred tax expense (benefit)	730			(400		)	(1,994		)
Total provision for income taxes	$	2,939		$	4,049		$	635

Net Deferred Tax Assets (Liabilities)

Net deferred tax assets (liabilities) consisted of the following at December 31, 2013 and 2012 (in thousands):



	December 31,
	2013			2012
Deferred tax assets:
Tax credit and net operating loss carryforwards	$	244,379		$	217,549
Allowances for bad debts	277			1,010
Difference in accounting for:
Revenues	98,838			116,725
Costs and expenses	29,784			33,066
Inventories	9,209			9,774
Acquired intangible assets	17,726			24,090
Gross deferred tax assets	400,213			402,214
Valuation allowance	(396,143		)	(395,645		)
Deferred tax assets after valuation allowance	4,070			6,569
Deferred tax liabilities:
Difference in accounting for:
Revenues	—			(2,959		)
Costs and expenses	(1,712		)	(623		)
Acquired intangible assets	—			(492		)
Gross deferred tax liabilities	(1,712		)	(4,074		)
Net deferred tax assets	$	2,358		$	2,495
Recorded as:
Current deferred tax assets, net	522			586
Long-term deferred tax assets, net	2,415			2,825
Current deferred tax liabilities, net	(14		)	(203		)
Long-term deferred tax liabilities, net	(565		)	(713		)
Net deferred tax assets	$	2,358		$	2,495

Reconciliation of Income Tax Provision to Statutory Rate

The following table sets forth a reconciliation of the Company’s income tax provision (benefit) to the statutory U.S. federal tax rate for the years ended December 31, 2013, 2012 and 2011 (Restated):



	Year Ended December 31,
					2011
	2013		2012		(Restated)
Statutory rate	35.0	%	35.0	%	35.0	%
Tax credits	(6.2	)%	(1.2	)%	(0.6	)%
Foreign operations	(43.8	)%	(12.7	)%	(8.8	)%
Non-deductible expenses and other	2.1	%	1.4	%	0.9	%
Increase (decrease) in valuation allowance	25.1	%	(14.6	)%	(26.1	)%
Effective tax rate	12.2	%	7.9	%	0.4	%

Reconciliation of Unrecognized Tax Benefits

The following table sets forth a reconciliation of the beginning and ending amounts of unrecognized tax benefits, excluding the impact of interest and penalties, for the years ended December 31, 2013, 2012 and 2011 (Restated) (in thousands):



Unrecognized tax benefits at January 1, 2011 (Restated)	$	18,424
Increases for tax positions taken during a prior period	3,056
Decreases related to settlements	(900		)
Decreases related to the lapse of applicable statutes of limitations	(400		)
Unrecognized tax benefits at December 31, 2011 (Restated)	20,180
Increases for tax positions taken during a prior period	3,198
Decreases related to the lapse of applicable statutes of limitations	(749		)
Unrecognized tax benefits at December 31, 2012	22,629
Increases for tax positions taken during a prior period	2,205
Decreases related to the lapse of applicable statutes of limitations	(105		)
Unrecognized tax benefits at December 31, 2013	$	24,729