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Income taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The significant components of the provision for (benefit from) income taxes for each of the three years in the period ended December 31, 2012 are as follows (in thousands):

		2012				2011				2010
Current income tax expense:
Foreign		$	1,912			$	2,129			$	1,134
Federal			-				48				-
State and local			11				12				7
			1,923				2,189				1,141
Deferred income tax benefit:
Foreign			(69	)			-				(234	)
Federal			(738	)			(352	)			(1,180	)
State and local			34				(476	)			(195	)
			(773	)			(828	)			(1,609	)
Provision for (benefit from) income taxes		$	1,150			$	1,361			$	(468	)

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

The reconciliation of the U.S. statutory rate with the Company’s effective tax rate for each of the three years ended December 31, 2012 is summarized as follows:

		2012				2011				2010
Federal statutory rate			34.0	%			34.0	%			(34.0	)%
Effect of:
State income taxes (net of federal tax benefit)			3.0				3.0				(3.0	)
Taxes on foreign income at rates that differ from U.S. statutory rate			(21.8	)			(18.3	)			(29.0	)
Change in valuation allowance on deferred tax assets			-				-				(19.2	)
Increase in unrecognized tax benefits			1.4				9.0				45.7
Other			0.2				(1.9	)			1.0
Effective tax rate			16.8	%			25.8	%			(38.5	)%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred tax assets and liabilities are classified as current or non-current according to the classification of the related asset or liability. Significant components of the Company’s deferred tax assets and liabilities as of December 31, are as follows (in thousands):

		2012				2011
Deferred income tax assets:
Allowances not currently deductible		$	367			$	449
Depreciation and amortization			414				376
Equity compensation not currently deductible			864				548
Net operating loss carryforwards			2,622				2,546
Expenses not deductible until paid			1,305				1,055
Tax credit carryforwards			176				176
Derivatives			-				659
Other			204				11
Totals			5,952				5,820
Deferred income tax liabilities:
Derivatives			(46	)			-
Other			(193	)			(162	)
Totals			(239	)			(162	)
Net deferred tax assets		$	5,713			$	5,658
Net deferred income tax asset-current		$	1,104			$	1,934
Net deferred income tax asset-long term			4,848				3,886
Net deferred income tax liability-current			(57	)			(9	)
Net deferred income tax liability-non-current			(182	)			(153	)
Net deferred income tax assets		$	5,713			$	5,658

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

United States and foreign components of income (loss) before income taxes for each of the three years ended December 31, (in thousands) are as follows:

		2012				2011				2010
United States		$	(1,920	)		$	(2,476	)		$	(3,852	)
Foreign			8,759				7,747				2,637
Total		$	6,839			$	5,271			$	(1,215	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The following table represents a roll forward of the Company’s unrecognized tax benefits and associated interest for the years ended (amounts in thousands):

		December 31,
		2012				2011
Balance at beginning of year		$	2,278			$	1,827
Increases for tax position in prior years			-				317
Decrease for tax position in prior years			(60	)			-
Interest accrual			132				134
Balance at end of year		$	2,350			$	2,278

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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