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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Components Of Income Before Income Taxes

(In thousands)	2016				2015				2014
Components of income before income taxes*
U.S. income	$	100,382			$	71,547			$	58,209
Non-U.S. income	51,529				39,479				68,986
Income before income taxes	151,911				111,026				127,195
Provision for income taxes*
Current
Federal	$	19,968			$	21,253			$	23,659
State	2,231				2,389				1,349
Non-U.S.	21,188				22,979				21,101
Total current provision	43,387				46,621				46,109
Deferred
Federal	$	11,580			$	3,813			$	(3,650	)
State	1,977				(213		)		317
Non-U.S.	860				(5,814		)		(1,732		)
Total deferred provision	14,417				(2,214		)		(5,065		)
Provision for income taxes	$	57,804			$	44,407			$	41,044

*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:

	2016			2015			2014
U.S. federal income tax rate	35.0	%		35.0	%		35.0	%
Taxes on non-U.S. income - European reorganization	4.3			6.9			—
State income taxes—U.S.	1.8			1.3			0.8
Valuation allowances	1.5			1.7			(0.6	)
Taxes on non-U.S. income	(2.5	)		(2.1	)		(2.2	)
Manufacturing deduction credit	(1.3	)		(1.6	)		(1.0	)
Research and development credit	(0.6	)		(1.1	)		(0.7	)
Other	(0.1	)		(0.1	)		1.0
Effective income tax rate	38.1	%		40.0	%		32.3	%

Components of Deferred Tax Assets and Liabilities

Components of deferred tax assets and liabilities:

	December 31,
(In thousands)	2016				2015
Deferred tax assets
Accrued expenses and other reserves	$	5,381			$	4,412
Product liability	1,303				6,116
Employee benefits	9,538				9,387
Share-based compensation	10,462				10,323
Reserve for doubtful accounts	1,178				2,279
Inventory	1,218				2,496
Capitalized research and development	4,654				5,339
Net operating losses and tax credit carryforwards	16,218				15,310
Other	1,316				2,892
Total deferred tax assets	51,268				58,554
Valuation allowances	(5,303		)		(5,153		)
Net deferred tax assets	45,965				53,401
Deferred tax liabilities
Goodwill and intangibles	(42,007		)		(42,867		)
Property, plant and equipment	(11,394		)		(8,920		)
Other	(3,368		)		(31		)
Total deferred tax liabilities	(56,769		)		(51,818		)
Net deferred taxes	$	(10,804	)		$	1,583

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, 2016 and 2015 is as follows:

(In thousands)	2016				2015
Beginning balance	$	13,070			$	9,857
Adjustments for tax positions related to the current year	2,359				8,203
Adjustments for tax positions related to prior years	(856		)		(4,887		)
Statute expiration	(180		)		(103		)
Ending balance	$	14,393			$	13,070

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