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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Components of Income (Loss) from Continuing Operations

Components of our income (loss) from continuing operations are as follows (in thousands):

		Year Ended December 31,
		2013				2012				2011
Income (loss) from continuing operations before income taxes:
Canadian		$	(5,366	)		$	(5,199	)		$	(871	)
U.S.			11,061				12,132				7,455
Other			8,835				4,601				17,636
Total		$	14,530			$	11,534			$	24,220

Components of Income Tax Provision (Benefit)

Components of the Company’s income tax provision (benefit) are as follows (in thousands):

		Year Ended December 31,
		2013				2012				2011
Current
Canadian		$	—			$	—			$	—
U.S.			1,082				3,625				388
Other			652				2,277				1,664
			1,734				5,902				2,052
Deferred
Canadian			—				—				—
U.S.			2,206				(13,882	)			(150	)
Other			1,740				(2,960	)			642
			3,946				(16,842	)			492
Total		$	5,680			$	(10,940	)		$	2,544

Reconciliation of Statutory Canadian Income Tax rate to Effective Rate

The reconciliation of the statutory Canadian income tax rate to the effective rate related to income from continuing operations before income taxes is as follows (in thousands, except percentage data):

		Year Ended December 31,
		2013				2012				2011
Statutory Canadian tax rate			26.00	%			25.00	%			27.00	%
Expected income tax provision at statutory Canadian tax rate		$	3,778			$	2,884			$	6,539
International tax rate differences			14				1,419				641
Permanent differences			121				241				5
Change in valuation allowance			(3,052	)			(15,086	)			(5,598	)
Prior year provision to return differences			(296	)			37				69
Net operating loss expirations			4,538				—				—
Statutory tax rate change			379				316				357
Uncertain tax positions			259				(4,093	)			423
Tax credits			(938	)			—				(144	)
State income taxes, net			118				375				577
IRS audit			680				1,846				(268	)
Withholding and other taxes			321				488				—
Other			(242	)			633				(57	)
Reported income tax provision (benefit)		$	5,680			$	(10,940	)		$	2,544
Effective tax rate			39.1	%			(94.9%	)			10.5	%

Significant Components of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities as of December 31, 2013 and 2012 are as follows (in thousands):

		December 31,
		2013				2012
Deferred tax assets
Losses & IRC Section 163(j) carryforwards		$	16,218			$	24,372
Compensation related deductions			2,725				4,737
Tax credits			3,817				5,101
Restructuring related liabilities			406				510
Inventory			5,680				6,493
Depreciation			938				194
Amortization			163				—
Warranty			1,007				680
Other			854				598
Total deferred tax assets			31,808				42,685
Valuation allowance for deferred tax assets			(11,534	)			(15,481	)
Net deferred income tax assets		$	20,274			$	27,204
Deferred tax liabilities
Equity investment		$	(1,025	)		$	(807	)
Depreciation			(471	)			—
Amortization			(11,283	)			(14,254	)
Unrealized gain/loss			(985	)			(1,132	)
Other			(581	)			(201	)
Total deferred tax liabilities		$	(14,345	)		$	(16,394	)
Net deferred income tax assets (liabilities)		$	5,929			$	10,810

Reconciliation of Total Amounts of Unrecognized Tax Benefits

The reconciliation of the total amounts of unrecognized tax benefits is as follows (in thousands):

Balance at December 31, 2010		$	5,088
Additions based on tax positions related to the current year			2,318
Additions for tax positions of prior years			55
Reductions for tax positions of prior years			(177	)
Balance at December 31, 2011			7,284
Additions based on tax positions related to the current year			2,618
Additions for tax positions of prior years			1,422
Reductions for tax positions of prior years			(481	)
Reductions to tax positions resulting from a lapse of the applicable statute of limitations			(254	)
Settlements with taxation authorities			(3,035	)
Balance at December 31, 2012			7,554
Additions based on tax positions related to the current year			508
Additions for tax positions of prior years			1,475
Reductions for tax positions of current years			(1,888	)
Reductions to tax positions resulting from a lapse of the applicable statute of limitations			(575	)
Balance at December 31, 2013		$	7,074

Income Tax Returns to be Reviewed

The Company’s income tax returns may be reviewed in the following countries for the following periods under the appropriate statute of limitations:

United States			2009 - Present
Canada			2006 - Present
United Kingdom			2009 - Present
China			2010 - Present
Japan			2008 - Present
Germany			2008 - Present
Netherlands			2009 - Present

X

- Definition

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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Tabular disclosure of income tax examinations that an enterprise is currently subject to or that have been completed in the current period typically including a description of the examination, the jurisdiction conducting the examination, the tax year(s) under examination, the likelihood of an unfavorable settlement, the range of possible losses, the liability recorded, the increase or decrease in the liability from the prior period, and any penalties and interest that have been recorded.

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