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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2015
Income Tax Disclosure [Abstract] |
Components Of Income Before Income Taxes |
(In thousands) | 2015 |  | 2014 |  | 2013
Components of income before income taxes* |  |  |  |  |
U.S. income | $ | 60,753 |  |  | $ | 58,209 |  |  | $ | 48,621 |
Non-U.S. income | 50,273 |  |  | 68,986 |  |  | 71,512 |
Income before income taxes | $ | 111,026 |  |  | $ | 127,195 |  |  | $ | 120,133 |
Provision for income taxes* |  |  |  |  |
Current |  |  |  |  |
Federal | $ | 21,253 |  |  | $ | 23,659 |  |  | $ | 18,656 |
State | 2,389 |  |  | 1,349 |  |  | 1,492 |
Non-U.S. | 22,979 |  |  | 21,101 |  |  | 18,453 |
Total current provision | 46,621 |  |  | 46,109 |  |  | 38,601 |
Deferred |  |  |  |  |
Federal | 3,813 |  |  | (3,650 | ) |  | (3,582 | )
State | (213 | ) |  | 317 |  |  | (483 | )
Non-U.S. | (5,814 | ) |  | (1,732 | ) |  | 609 |
Total deferred provision | (2,214 | ) |  | (5,065 | ) |  | (3,456 | )
Provision for income taxes | $ | 44,407 |  |  | $ | 41,044 |  |  | $ | 35,145 |
*The components of income before income taxes and the provision for income taxes relate to continuing operations.
Reconciliation Of U.S. Federal Income Tax Rates To Effective Tax Rate | Reconciliation of the U.S. federal income tax rates for continuing operations to our effective tax rate:
| 2015 |  | 2014 |  | 2013
U.S. federal income tax rate | 35.0 | % |  | 35.0 | % |  | 35.0 | %
State income taxes—U.S. | 1.3 |  |  | 0.8 |  |  | 0.6 |
Taxes on non-U.S. income | (2.1 | ) |  | (2.2 | ) |  | (4.5 | )
Taxes on non-U.S. income - European reorganization | 6.9 |  |  | — |  |  | — |
Research and development credit | (1.1 | ) |  | (0.7 | ) |  | (1.5 | )
Manufacturing deduction credit | (1.6 | ) |  | (1.0 | ) |  | (1.1 | )
Valuation allowances | 1.7 |  |  | (0.6 | ) |  | 0.5 |
Other | (0.1 | ) |  | 1.0 |  |  | 0.3 |
Effective income tax rate | 40.0 | % |  | 32.3 | % |  | 29.3 | %
Components of Deferred Tax Assets and Liabilities | Components of deferred tax assets and liabilities:
| December 31,
(In thousands) | 2015 |  | 2014
Deferred tax assets |  |  |
Book expenses capitalized for tax | $ | 5,476 |  |  | $ | 6,336 |
Post-retirement benefits | 17,838 |  |  | 23,335 |
Inventory reserves | 2,487 |  |  | 3,147 |
Vacation allowances | 816 |  |  | 932 |
Net operating losses and tax credit carryforwards | 7,394 |  |  | 7,479 |
Post employment benefits | 3,488 |  |  | 2,382 |
Foreign tax credit carryforwards | 8,266 |  |  | 11,231 |
Stock options | 10,587 |  |  | 10,157 |
Product Liability | 6,253 |  |  | 3,918 |
Basis of capital assets | 912 |  |  | 1,009 |
Warranties | 3,666 |  |  | 3,210 |
Reserve for doubtful accounts | 2,320 |  |  | 1,948 |
Accrued payroll | 4,172 |  |  | 4,319 |
Other | 7,782 |  |  | 5,801 |
Total deferred tax assets | 81,457 |  |  | 85,204 |
Valuation allowances | (5,153 | ) |  | (3,763 | )
Net deferred tax assets | 76,304 |  |  | 81,441 |
Deferred tax liabilities |  |  |
Property, plant and equipment | (10,938 | ) |  | (9,269 | )
Pension | (18,947 | ) |  | (22,195 | )
Intangibles | (43,789 | ) |  | (30,180 | )
Other | (1,047 | ) |  | (2,053 | )
Total deferred tax liabilities | (74,721 | ) |  | (63,697 | )
Net deferred taxes | $ | 1,583 |  |  | $ | 17,744 |
Schedule Of Reconciliation Of Change In Tax Liability For Unrecognized Tax Benefits | A reconciliation of the change in the tax liability for unrecognized tax benefits for the years ended December 31, 2015 and 2014 is as follows:
(In thousands) | 2015 |  | 2014
Beginning balance | $ | 9,857 |  |  | $ | 5,888 |
Adjustments for tax positions related to the current year | 8,203 |  |  | 4,072 |
Adjustments for tax positions related to prior years | (4,887 | ) |  | 3 |
Statute expiration | (103 | ) |  | (106 | )
Ending balance | $ | 13,070 |  |  | $ | 9,857 |

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