Note 7 - Income Taxes (Tables)

9 Months Ended

Sep. 30, 2019

Notes Tables

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Statutory Federal income tax rate		21.0	%		21.0	%		21.0	%		21.0	%
State and local income taxes, net of Federal income tax benefit		4.0	%		3.8	%		4.0	%		4.1	%
Taxes attributable to foreign income		(8.6	%)		(6.8	%)		(6.0	%)		(5.8	%)
GILTI tax		2.9	%		3.7	%		2.2	%		3.7	%
Contingent liability adjustments		(1.9	%)		(2.7	%)		(0.8	%)		(1.9	%)
Compensation related		0.3	%		1.6	%		0.2	%		1.4	%
Non-deductible acquisition expense		-			1.9	%		-			1.8	%
Federal tax credits		(0.7	%)		-			(0.7	%)		(0.5	%)
Other		(1.7	%)		(6.6	%)		(0.5	%)		(2.7	%)
Effective income tax rate		15.3	%		15.9	%		19.4	%		21.1	%