INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

INCOME TAXES

Schedule of income before income tax, domestic and foreign

	2022		2021		2020
United States	$	21,572	$	10,947	$	31,183
Foreign		4,160		10,819		6,914
Total	$	25,732	$	21,766	$	38,097

Schedule of provision for income taxes

	2022		2021		2020
Current:
Federal	$	3,225	$	1,126	$	5,099
State		180		343		96
Foreign		920		3,016		2,344
		4,325		4,485		7,539
Deferred:
Federal		890		981		734
State		91		13		9
Foreign		80		32		(15)
		1,061		1,026		728
	$	5,386	$	5,511	$	8,267

Schedule of effective income tax rate reconciliation

	2022		2021		2020
Federal statutory tax rate	21.0	%	21.0	%	21.0	%
State taxes, net of federal tax benefit	0.8	%	1.3	%	0.2	%
Excess of foreign tax over US tax on foreign income	0.5	%	3.6	%	2.3	%
Domestic tax deductions and credits	(1.3)	%	(1.6)	%	(1.0)	%
Foreign Derived Intangible Income deduction	(0.3)	%	—	%	(0.8)	%
Other	0.3	%	1.0	%	—	%
Effective tax rate	21.0	%	25.3	%	21.7	%

Schedule of deferred income tax assets and liabilities

	2022		2021
Deferred tax assets:
Allowance for credit losses	$	268	$	229
Accruals and reserves		2,058		1,917
Research and development		1,697		—
Other		747		503
Total deferred tax assets		4,770		2,649
Deferred tax liabilities:
Property, plant, and equipment		10,989		7,811
Other		11		8
Total deferred tax liabilities		11,000		7,819
Valuation Allowance		—		—
Net deferred tax asset/(liability)	$	(6,230)	$	(5,170)