Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Taxes

Schedule of the U.S. and foreign components of pretax income before income taxes

	2016		2015
Income (loss) before taxes:
U.S.	$	(946)	$	(957)
Foreign		9,937		6,209
Total income before taxes	$	8,991	$	5,252

Schedule of the foreign income taxes, included in the consolidated statements of operations

	2016			2015
Current	$	2,798		$	1,660
Deferred		(130)			(266)
Provision for income taxes	$	2,668		$	1,394
Effective income tax rate		29.7	%		26.5	%

Schedule of effective income tax rate

	2016		2015
U.S. Federal income tax statutory rate	$	3,036	$	1,786
Foreign income tax rate differential		(1,566)		(966)
Tax credits		(248)
State income tax (net of federal benefit)		150
Permanent items		1,813		408
Other		273		(137)
Change in valuation allowance		(790)		303
Total provision for income taxes	$	2,668	$	1,394

Schedule of components of the deferred tax balances

		2016		2015
Deferred tax assets:
Accrued expenses	$	574	$	556
Tax credits		318
Other		108		27
Net operating loss carryforwards		12,666		15,725
Total deferred tax assets		13,666		16,308
Valuation allowance		(13,406)		(16,130)
Total deferred tax assets		260		178
Deferred tax liabilities - property, plant, and equipment		(161)		(210)
Total deferred tax liability		(161)		(210)
Net deferred tax assets (liability)	$	99	$	(32)

Summary of company's tax returns examination

Jurisdiction:	Periods
U.S. Federal	2013	–	2015
U.S. State – New York	2013	–	2015
Czech Republic	2009	–	2015
Germany	2014	–	2015