Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of provision for income taxes from operations

The provision for income taxes from operations consisted of the following:



	Years Ended December 31,
(in thousands)	2016			2015			2014
Current
Federal	$	39,649		$	29,684		$	25,178
State	7,053			5,001			4,391
Foreign	3,333			3,568			4,041
Deferred	0
Federal	260			2,390			2,264
State	13			753			142
Foreign	(1,142		)	(605		)	(225		)
	$	49,166		$	40,791		$	35,791

Schedule of income and loss from operations before income taxes

Income and loss from operations before income taxes for the years ended December 31, 2016, 2015, and 2014, respectively, consisted of the following:



	Years Ended December 31,
(in thousands)	2016		2015		2014
Domestic	$	131,827	$	106,381	$	90,142
Foreign	7,073		2,298		9,180
	$	138,900	$	108,679	$	99,322

Schedule of effective income tax rates reconciliations

Reconciliations between the statutory federal income tax rates and the Company’s effective income tax rates as a percentage of income before income taxes for its operations were as follows:



	Years Ended December 31,
(in thousands)	2016		2015		2014
Federal tax rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal benefit	3.4	%	3.3	%	3.0	%
Tax benefit of domestic manufacturing deduction	(2.5	)%	(2.3	)%	(2.4	)%
Change in valuation allowance	(0.1	)%	1.3	%	1.5	%
Difference between United States statutory and foreign local tax rates	(0.3	)%	0.2	%	(0.4	)%
Change in uncertain tax position	(0.2	)%	0.3	%	(0.8	)%
Other	0.1	%	(0.3	)%	0.1	%
Effective income tax rate	35.4	%	37.5	%	36.0	%

Schedule of deferred tax assets and liabilities

The tax effects of the significant temporary differences that constitute the deferred tax assets and liabilities at December 31, 2016 and 2015, respectively, were as follows:



	December 31,
(in thousands)	2016			2015
Deferred asset taxes
State tax	$	2,518		$	1,762
Workers’ compensation	1,381			1,777
Health claims	755			746
Vacation liability	1,485			1,410
Allowance for doubtful accounts	123			205
Inventories	6,833			6,112
Sales incentive and advertising allowances	1,126			963
Acquisition costs	528			—
Unrealized foreign exchange gain or loss	678			247
Stock-based compensation	5,550			5,629
Foreign tax credit carryforwards	1,288			1,345
Uncertain tax positions’ unrecognized tax benefits	104			134
Foreign tax loss carry forward	6,841			7,082
Other	1,259			1,433
	$	30,469		$	28,845
Less valuation allowances	(6,868		)	(7,576		)
	23,601			21,269

Deferred tax liabilities
Depreciation	$	(6,138	)	$	(5,265	)
Goodwill and other intangibles amortization	(14,126		)	(11,835		)
Tax effect on cumulative translation adjustment	(667		)	(974		)
Other	(744		)	(1,023		)
	(21,675		)	(19,097		)

Total Deferred tax	$	1,926		$	2,172

Schedule of reconciliation of unrecognized tax benefits, including foreign translation amount

A reconciliation of the beginning and ending amounts of unrecognized tax benefits in 2016, 2015 and 2014, respectively, was as follows, including foreign translation amounts:



Reconciliation of Unrecognized Tax Benefits	2016			2015			2014
Balance at January 1	$	1,107		$	1,307		$	3,456
Additions based on tax positions related to prior years	204			310			7
Reductions based on tax positions related to prior years	—			(514		)	(1,146		)
Additions for tax positions of the current year	155			191			165
	—			—			(680		)
Lapse of statute of limitations	(347		)	(187		)	(495		)
Balance at December 31	$	1,119		$	1,107		$	1,307