Income Taxes (Tables)

12 Months Ended

Sep. 30, 2015

Components of Income Tax Provision (Benefit)

The components of the income tax provision (benefit), excluding amounts related to the discontinued operations, for the fiscal years ended September 30, 2015, 2014 and 2013 are as follows (in thousands):



	Year Ended September 30,
	2015			2014			2013
Current income tax provision:
Federal	$	10		$	15		$	15
State	56			177			70
Foreign	5,537			1,417			681
Total current income tax provision	5,603			1,609			766
Deferred income tax benefit:
Federal	(1,773		)	(2,276		)	(5,245		)
State	(104		)	(35		)	(183		)
Foreign	(296		)	(1,278		)	(323		)
Total deferred income tax benefit	(2,173		)	(3,589		)	(5,751		)
Income tax provision (benefit)	$	3,430		$	(1,980	)	$	(4,985	)

Components of Income Before Income Taxes and Equity in Earnings of Joint Ventures

The components of income (loss) before income taxes and equity in earnings (losses) of equity method investments for the fiscal years ended September 30, 2015, 2014 and 2013 are as follows (in thousands):



	Year Ended September 30,
	2015			2014			2013
Domestic	$	(1,321	)	$	(7,338	)	$	(14,747	)
Foreign	19,136			5,643			206
	$	17,815		$	(1,695	)	$	(14,541	)

Differences between Income Tax Provision (benefit) and Income Taxes Computed using Applicable U.S. Statutory Federal Tax Rate

The differences between the income tax provision (benefit) and income taxes computed using the applicable U.S. statutory federal tax rate for the fiscal years ended September 30, 2015, 2014 and 2013 are as follows (in thousands):



	Year Ended September 30,
	2015			2014			2013
Income tax provision (benefit) computed at federal statutory rate	$	6,177		$	(217	)	$	(4,257	)
State income taxes, net of federal benefit	243			(12		)	(101		)
Foreign income taxed at different rates	(938		)	(596		)	493
Dividends	(1,069		)	(1,373		)	115
Change in deferred tax asset valuation allowance	(36		)	453			523
Reduction in uncertain tax positions	(1,207		)	(1,236		)	(1,022		)
Nondeductible compensation	1,325			1,064			474
Tax credits	(1,741		)	(704		)	(2,002		)
Travel and entertainment	314			220			124
Merger costs	228			187			251
Other	134			234			417
Income tax provision (benefit)	$	3,430		$	(1,980	)	$	(4,985	)

Significant Components of Net Deferred Tax Assets and Liabilities

The significant components of the net deferred tax assets and liabilities as of September 30, 2015 and 2014 are as follows (in thousands):



	September 30,
	2015			2014
Accruals and reserves not currently deductible	$	9,602		$	12,456
Federal, state and foreign tax credits	22,115			20,434
Other assets	5,939			3,523
Net operating loss carryforwards	63,569			67,380
Inventory reserves and valuation	10,598			9,956
Deferred tax assets	111,823			113,749
Depreciation and intangible amortization	9,388			12,198
Deferred tax liabilities	9,388			12,198
Valuation allowance	(18,797		)	(18,354		)
Net deferred tax asset	$	83,638		$	83,197

Reconciliation of Beginning and Ending Amount of Consolidated Liability for Unrecognized Income Tax Benefits

A reconciliation of the beginning and ending amount of the consolidated liability for unrecognized income tax benefits during the fiscal years ended September 30, 2015, 2014 and 2013 is as follows (in thousands):



	Unrecognized Tax Benefit			Interest and Penalties			Total
Balance at October 1, 2012	$	5,961		$	1,644		$	7,605
Additions for tax positions of prior years	—			228			228
Additions for tax positions related to acquired entities	116			—			116
Reductions from lapses in statutes of limitations	(944		)	(78		)	(1,022		)
Foreign exchange rate adjustment	14			—			14
Balance at September 30, 2013	5,147			1,794			6,941
Additions for tax positions of prior years	—			286			286
Reductions from lapses in statutes of limitations	(861		)	(375		)	(1,236		)
Foreign exchange rate adjustment	(24		)	—			(24		)
Balance at September 30, 2014	4,262			1,705			5,967
Additions for tax positions of prior years	—			221			221
Reductions from settlements with taxing authorities	(1,304		)	—			(1,304		)
Reductions from lapses in statutes of limitations	(734		)	(473		)	(1,207		)
Foreign exchange rate adjustment	(33		)	—			(33		)
Balance at September 30, 2015	$	2,191		$	1,453		$	3,644