Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Income Before Provision (Benefit) for Income Taxes

Income before provision (benefit) for income taxes for the years ended December 31, 2013, 2012 and 2011 was as follows:

	Year ended December 31,
	2013		2012		2011
Income before provision (benefit) for income taxes:
United States	$	8,259	$	7,385	$	1,633
Foreign		16,919		12,956		24,472
Total	$	25,178	$	20,341	$	26,105

Income Tax Expense (Benefit)

Total income tax expense (benefit) for the years ended December 31, 2013, 2012, and 2011 was as follows:

	Year ended December 31,
	2013			2012			2011
Current:
U.S. Federal	$	—		$	(115	)	$	—
State		179			345			113
Non-U.S.		4,490			2,910			6,023
Total current expense		4,669			3,140			6,136
Deferred:
U.S. Federal		3,594			2,789			534
State		145			12			170
U.S. deferred tax valuation allowance		(818	)		(9,814	)		(704	)
Non-U.S.		410			(54	)		(968	)
Total deferred expense (benefit)		3,331			(7,067	)		(968	)
Total expense (benefit)	$	8,000		$	(3,927	)	$	5,168

Reconciliation of Income Taxes Based on the U.S. Federal Statutory Rate

A reconciliation of income taxes based on the U.S. federal statutory rate of 34% for each of the years ended December 31, 2013, 2012 and 2011 is summarized as follows:

	Year ended December 31,
	2013			2012			2011
Income taxes at the federal statutory rate	$	8,561		$	6,916		$	8,876
Impact of incentive stock options		261			371			163
Decrease in U.S. valuation allowance		(818	)		(12,740	)		(704	)
Foreign tax credit expiration		818			—			—
Decrease in foreign valuation allowance		—			—			(1,219	)
Capital gain on return of basis		—			3,079			—
State income taxes, net of federal taxes		198			334			75
Non-U.S. earnings taxed at different rates		(834	)		(1,606	)		(2,116	)
Change in uncertain tax positions		32			(115	)		—
Other permanent differences, net		(218	)		(166	)		93
	$	8,000		$	(3,927	)	$	5,168

The Tax Effects of the Temporary Differences

The tax effects of the temporary differences as of December 31, 2013, 2012 and 2011 are as follows:

	December 31,
	2013			2012			2011
Deferred income tax liabilities:
Tax in excess of book depreciation	$	6,673		$	6,670		$	5,099
Goodwill		2,213			1,987			1,821
Allowance for bad debts		—			—			18
Other deferred tax liabilities		63			112			843
Gross deferred income tax liabilities		8,949			8,769			7,781
Deferred income tax assets:
Goodwill		3,215			4,141			4,846
Inventories		836			768			167
Pension/Personnel accruals		856			921			503
Deductions for uncollectible Eltmann receivables		—			—			310
Net operating loss carry forwards		1,351			3,682			7,526
Foreign tax credits		3,026			3,844			3,326
Guarantee claim deduction		1,141			1,141			—
Accruals and reserves		114			293			—
Other deferred tax assets		832			550			421
Gross deferred income tax assets		11,371			15,340			17,099
Valuation allowance on deferred tax assets		(1,434	)		(2,252	)		(12,066	)
Net deferred income tax assets		9,937			13,088			5,033
Net deferred income tax assets (liabilities)	$	988		$	4,319		$	(2,748	)

Summary of the Activity in the Total Valuation Allowances

 Below is a summary of the activity in the total valuation allowances during the years ended December 31, 2013, 2012 and 2011:

	Total Valuation Allowance Activity
	Balance at Beginning of Year		Additions		Recoveries			Deconsolidation of Eltmann subsidiary			Balance at End of Year
2013	$	2,252	$	—	$	(818	)	$	—		$	1,434
2012	$	12,066	$	—	$	(9,814	)	$	—		$	2,252
2011	$	16,604	$	—	$	(2,425	)	$	(2,113	)	$	12,066

Summary of Reconciliation of the Beginning and Ending Amounts of Unrecognized Tax Benefits, Excluding Interest and Penalties

A reconciliation of the beginning and ending amounts of unrecognized tax benefits, excluding interest and penalties for the years ended December 31, 2013, 2012 and 2011 is as follows:

	2013		2012			2011
Beginning balance	$	873	$	988		$	953
Additions for tax positions of prior years		—		428			35
Reductions for tax positions of prior years		—		(543	)		—
Ending balance	$	873	$	873		$	988