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Income taxes (Tables)

12 Months Ended

Dec. 31, 2013

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, 2013 are as follows (in thousands):

			2013			2012			2011
Current income tax expense:
Foreign		$	946		$	1,912		$	2,129
Federal			(24)			-			48
State and local			13			11			12
			935			1,923			2,189
Deferred income tax expense (benefit):
Foreign			(493)			(69)			-
Federal			4,530			(738)			(352)
State and local			479			34			(476)
			4,516			(773)			(828)
Provision for income taxes		$	5,451		$	1,150		$	1,361

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, 2013 is summarized as follows:

		2013		2012		2011
Federal statutory rate		(34.0)	%	34.0	%	34.0	%
Effect of:
State income taxes (net of federal tax benefit)		(2.1)		3.0		3.0
Taxes on foreign income at rates that differ from U.S. statutory rate		(0.6)		(21.8)		(18.3)
Change in valuation allowance on deferred tax assets		106.3		-		-
Increase in unrecognized tax benefits		1.6		1.4		9.0
Other		2.6		0.2		(1.9)
Effective tax rate		73.8	%	16.8	%	25.8	%

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, 2013 and 2012 are as follows (in thousands):

			2013			2012
Deferred income tax assets:
Allowances not currently deductible		$	388		$	367
Depreciation and amortization			106			414
Equity compensation not currently deductible			1,080			864
Impairment			1,912			-
Net operating loss carryforwards			4,479			2,622
Expenses not deductible until paid			974			1,305
Tax credit carryforwards			176			176
Derivatives			213			-
Other			113			204
Total gross deferred income tax assets before valuation allowance			9,441			5,952
Valuation allowance			(8,060)			-
Net deferred income tax assets			1,381			5,952
Deferred income tax liabilities:
Derivatives			-			(46)
Other			(247)			(193)
Totals			(247)			(239)
Net deferred tax assets		$	1,134		$	5,713
Net deferred income tax asset-current		$	45		$	1,104
Net deferred income tax asset-long term			1,336			4,848
Net deferred income tax liability-current			(57)			(57)
Net deferred income tax liability-long term			(190)			(182)
Net deferred income tax assets		$	1,134		$	5,713

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

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

			2013			2012			2011
United States		$	(8,482)		$	(1,920)		$	(2,476)
Foreign			1,098			8,759			7,747
Totals		$	(7,384)		$	6,839		$	5,271

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,
			2013			2012
Balance at beginning of year		$	2,350		$	2,278
Increases for tax position in prior years			300			-
Decrease for tax position in prior years			-			(60)
Interest accrual			57			132
Foreign currency revaluation			(254)			-
Balance at end of year		$	2,453		$	2,350

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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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