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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Taxes

Income before income taxes was generated in the United States and globally as follows:

		2013				2012
Domestic		$	5,442			$	13,745
Foreign			1,013				1,618
		$	6,455			$	15,363

Schedule of Income Tax Provision

Income tax provision consisted of the following for the years ended December 31:

		2013				2012
Current:
Federal		$	(1,660	)		$	2,765
State			(191	)			805
Foreign			623				489
			(1,228	)			4,059
Deferred:
Federal			1,000				377
State			178				110
Foreign			(52	)			(33	)
			1,126				454
		$	(102	)		$	4,513

Schedule of Reconciliation of Income Tax Provision and Statutory Rate

The income tax provision differs from the statutory rate due to the following:

		2013				2012
Tax expense at statutory rate		$	2,194			$	5,223
Increase (decrease) in tax resulting from:
State income tax, net of federal benefit			311				694
Domestic Production Activities deduction			(295	)			(415	)
Change in uncertain tax position reserves			599				110
Foreign permanent differences			510				—
Impact of foreign rate differences and adjustments			(295	)			(94	)
Current and prior years R&D tax credits			(3,649	)			(1,100	)
Other			112				95
Nondeductible transaction costs			411				—
		$	(102	)		$	4,513

Schedule of Net Deferred Tax Assets and Liabilities

Deferred income taxes reflect the future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes and tax credit carry forwards. The net deferred tax assets consisted of the following at December 31:

		2013				2012
Gross deferred tax assets:
Accrued expenses		$	120			$	98
Reserves on assets			805				593
Inventory			—				18
Stock-based compensation awards			552				239
Minimum pension/post retirement			—				1,481
Net operating loss carry-forwards			242				100
Valuation allowances			(149	)			(79	)
			1,570				2,450
Gross deferred tax liabilities:
Foreign deferral on assets			(348	)			(138	)
Depreciation			(3,215	)			(1,014	)
Goodwill and intangibles			(23,530	)			(573	)
Prepaid expenses			(551	)			(516	)
Inventory			(790	)			—
Revaluation of debt			(283	)			—
Minimum pension / post retirement			(1,423	)			—
			(30,140	)			(2,241	)
Net deferred tax (liabilities) assets		$	(28,570	)		$	209

Schedule of Amounts Reported in Balance Sheet

Reconciliation to amounts reported in the balance sheet follows:

		2013				2012
Net current deferred tax assets included in other current assets		$	699			$	475
Net non-current deferred tax assets			66				—
Net current deferred tax liabilities included in accounts payable and accrued expenses			—				(138	)
Net non-current deferred tax liabilities			(29,335	)			(128	)
Net deferred tax asset		$	(28,570	)		$	209

Schedule of Reconciliation of Uncertain Tax Position

A reconciliation of the beginning and ending amount of uncertain tax position reserves included in other liabilities on the Consolidated Balance Sheets is as follows:

		2013				2012
Balance as of January 1,		$	162			$	49
Additions for tax positions current year			120				134
Additions for tax positions taken in prior years			481				—
Reductions for expirations on tax positions of prior years			—				(21	)
Balance as of December 31,		$	763			$	162

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Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

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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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