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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

INCOME TAXES

Schedule of geographic distribution of pretax income from continuing operations

The geographic distribution of pretax income from continuing operations was as follows:

​

​	​	​	​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2021			2020			2019
Domestic	​	$	24,541	​	$	17,526	​	$	(20,597)
Foreign	​		124,170	​		140,621	​		87,791
​	​	$	148,711	​	$	158,147	​	$	67,194

Schedule of tax expense and the effective tax rate for income from continuing operations

The provision for income taxes from continuing operations is summarized as follows:

​

​	​	​	​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2021			2020			2019
Current:		​			​			​
Federal	​	$	(2,468)	​	$	5,475	​	$	(9,627)
State	​		929	​		1,927	​		882
Foreign	​		14,217	​		16,216	​		18,429
Total current provision	​	​	12,678	​	​	23,618	​	​	9,684
​	​	​	​	​	​	​	​	​	​
Deferred:	​			​			​
Federal	​	​	762	​	​	(312)	​	​	3,822
State	​		(200)	​		1,270	​		(178)
Foreign	​		764	​		(1,580)	​		(2,629)
Total deferred provision (benefit)	​		1,326	​		(622)	​		1,015
Total provision for income taxes	​	$	14,004	​	$	22,996	​	$	10,699

Schedule of effective income tax rate reconciliation

​

​	​	​	​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2021			2020			2019
Income taxes per federal statutory rate	​	$	31,229	​	$	33,211	​	$	14,111
State income taxes, net of federal deduction	​	​	534	​	​	2,793	​	​	10
U.S. tax on foreign operations	​	​	5,786	​	​	9,666	​	​	5,805
Foreign derived intangible income deduction	​	​	(3,927)	​	​	(4,070)	​	​	—
Tax effect of foreign operations	​	​	(11,520)	​	​	(20,527)	​	​	(13,086)
Uncertain tax positions	​	​	(6,899)	​	​	(3,215)	​	​	(4,487)
Audit settlements	​	​	7,764	​	​	—	​	​	—
Unremitted earnings	​	​	261	​	​	(567)	​	​	1,624
Tax credits	​	​	(6,149)	​	​	(2,292)	​	​	(2,088)
Change in valuation allowance	​	​	(73)	​	​	(1,175)	​	​	7,222
Withholding taxes	​	​	756	​	​	4,265	​	​	6,500
Executive compensation limitation	​	​	1,926	​	​	1,070	​	​	356
Other permanent items, net	​	​	(5,684)	​	​	3,837	​	​	(5,268)
Total provision for income taxes	​	$	14,004	​	$	22,996	​	$	10,699

Schedule of deferred tax assets and liabilities

​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2021			2020
Deferred tax assets		​			​
Stock-based compensation	​	$	2,528	​	$	2,130
Net operating loss and tax credit carryforwards	​		54,210	​		57,590
Interest expense limitation	​	​	7,344	​	​	7,344
Pension obligation	​		10,778	​		14,297
Excess and obsolete inventory	​		3,325	​		3,722
Accrued restructuring	​	​	2,223	​	​	2,468
Deferred revenue	​		4,195	​		3,048
Employee bonuses and commissions	​		3,861	​		5,388
Amortization	​		26,358	​		28,786
Operating lease liabilities	​	​	19,405	​	​	20,267
Other	​		8,017	​		8,925
Deferred tax assets	​		142,244	​		153,965
Less: Valuation allowance	​		(42,051)	​		(46,702)
Net deferred tax assets	​		100,193	​		107,263
​	​	​	​	​	​	​
Deferred tax liabilities	​		​	​
Depreciation and amortization	​		37,515	​		40,266
Unremitted earnings	​		4,435	​		4,173
Operating lease right-of-use assets	​	​	17,558	​	​	18,731
Other	​		3,364	​		3,380
Deferred tax liabilities	​		62,872	​		66,550
Net deferred tax assets	​	$	37,321	​	$	40,713

Summary of income tax contingencies

​

​	​	​	​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2021			2020			2019
Balance at beginning of period	​	$	9,673	​	$	13,009	​	$	13,162
Additions based on tax positions taken during a prior period	​		963	​		219	​		484
Additions based on tax positions taken during a prior period - acquisitions	​		—	​		—	​		4,479
Additions based on tax positions taken during the current period	​		566	​		—	​		—
Reductions based on tax positions taken during a prior period	​		—	​		—	​		(4,295)
Reductions related to a lapse of applicable statute of limitations	​		(4,575)	​		(3,555)	​		(821)
Reductions related to a settlement with taxing authorities	​		(1,114)	​		—	​		—
Balance at end of period	​	$	5,513	​	$	9,673	​	$	13,009

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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 for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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