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PROVISION FOR INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

U.S. and foreign components of income before income taxes [Table Text Block]

U.S. and foreign components of income before income taxes were:

	Year Ended December 31,
(in thousands)	2016				2015				2014
U.S. operations	$	(880	)		$	(2,113	)		$	(5,064	)
Foreign operations	49,802				41,531				61,878
Total pretax income	$	48,922			$	39,418			$	56,814

Components of provision for income taxes [Table Text Block]

The components of the provision for (benefit from) income taxes are as follows:

	Year Ended December 31,
(in thousands)	2016				2015				2014
Current provision (benefit):
Federal	$	—			$	443			$	(1,234	)
State	—				83				(137		)
Foreign	1,638				5,407				3,094
	1,638				5,933				1,723
Deferred provision (benefit):
Federal	(197		)		(1,699		)		(3,279		)
State	(27		)		(57		)		(284		)
Foreign	(382		)		(3,906		)		(890		)
	(606		)		(5,662		)		(4,453		)
Total	$	1,032			$	271			$	(2,730	)

Effective income tax rate reconciliation [Table Text Block]

The provision for (benefit from) income taxes differs from the amount that would result by applying the applicable federal income tax rate to income before provision for (benefit from) income taxes, as follows:

	Year Ended December 31,
	2016			2015			2014
Provision computed at Federal statutory rate	35.0	%		35.0	%		35.0	%
Business tax credits	(6.0	)		(6.8	)		(5.5	)
Stock-based compensation	2.2			0.8			(2.9	)
Foreign income taxed at different rate	(33.1	)		(33.1	)		(28.6	)
IRS audit settlement	—			—			(5.8	)
Valuation allowance	1.8			2.6			2.0
Other	2.2			2.2			1.0
Total	2.1	%		0.7	%		(4.8	)%

Components of net deferred income tax asset [Table Text Block]

The components of the net deferred income tax asset (liabilities) were as follows:

	December 31,
(in thousands)	2016				2015
Deferred tax assets:
Other reserves and accruals	$	1,880			$	1,573
Tax credit carry-forwards	26,895				22,826
Stock compensation	5,760				5,945
Capital losses	10,585				11,490
Net operating loss	2,671				3,677
Other	174				—
Valuation allowance	(27,489		)		(26,918		)
	20,476				18,593
Deferred tax liabilities:
Depreciation	(2,322		)		(2,968		)
Unremitted earnings	(7,019		)		(4,626		)
Other	—				(447		)
	(9,341		)		(8,041		)
Net deferred tax asset	$	11,135			$	10,552

Unrecognized tax benefits rollforward [Table Text Block]

The Company applies the provisions of ASC 740-10, relating to accounting for uncertain income taxes. Reconciliation of the beginning and ending amount of unrecognized tax benefits:

(in thousands)	Unrecognized Tax Benefits
Unrecognized Tax Benefits Balance at January 1, 2014	$	12,694
Gross Increases for Tax Positions of Current Year	2,117
Gross Increases for Tax Positions of Prior Years	710
Settlements	(4,361		)
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2014	11,160
Gross Increases for Tax Positions of Current Year	3,063
Gross Decrease for Tax Positions of Prior Years	(663		)
Settlements	—
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2015	13,560
Gross Increases for Tax Positions of Current Year	1,856
Gross Decreases for Tax Positions of Prior Years	(23		)
Settlements	—
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2016	$	15,393

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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.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
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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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