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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2018
INCOME TAXES [Abstract] |
Reconciliation of Beginning and Ending Amount of Liability for Uncertain Tax Positions | A reconciliation of the beginning and ending amount of the liability for uncertain tax positions, including the portion included in income taxes payable, is as follows:
|  | Year Ended December 31, |
|  | 2018 |  |  | 2017 |
Liability for uncertain tax positions - January 1 |  | $ | 30,430 |  |  | $ | 27,828 |
Additions based on tax positions |  |  |  |  |  |  |  |
related to the current year |  |  | 1,703 |  |  |  | 2,168 |
Additions relating to acquisitions |  |  | - |  |  |  | - |
Translation adjustment |  |  | (657 | ) |  |  | 804 |
Settlement/expiration of statutes of limitations |  |  | (2,525 | ) |  |  | (370 | )
Liability for uncertain tax positions - December 31 |  | $ | 28,951 |  |  | $ | 30,430 |
Provision (Benefit) for Income Taxes | The provision (benefit) for income taxes consists of the following:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |
Current: |  |  |  |  |  |
Federal |  | $ | (3,517 | ) |  | $ | 16,055 |
State |  |  | 152 |  |  |  | 115 |
Foreign |  |  | 3,782 |  |  |  | 5,685 |
|  |  | 417 |  |  |  | 21,855 |
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | 2,895 |  |  |  | (1,312 | )
State |  |  | 196 |  |  |  | (329 | )
Foreign |  |  | (601 | ) |  |  | 1,326 |
|  |  | 2,490 |  |  |  | (315 | )
|  | $ | 2,907 |  |  | $ | 21,540 |
Reconciliation of Taxes on Income Computed at Federal Statutory Rate | A reconciliation of taxes on income computed at the U.S. federal statutory rate to amounts provided is as follows:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |
|  | $ |  |  |  | % |  |  | $ |  |  |  | % |
Tax provision computed at the |  |  |  |  |  |  |  |  |  |  |  |  |  |
federal statutory rate |  | $ | 4,959 |  |  |  | 21 | % |  | $ | 3,375 |  |  |  | 35 | %
Increase (decrease) in taxes resulting from: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Different tax rates applicable to foreign operations |  |  | 1,231 |  |  |  | 5 | % |  |  | (2,531 | ) |  |  | (26 | %)
(Reversal of) increase in liability for uncertain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
tax positions - net |  |  | (822 | ) |  |  | (3 | %) |  |  | 1,082 |  |  |  | 11 | %
Impact of U.S. Tax Reform |  |  | (2,628 | ) |  |  | (11 | %) |  |  | 19,171 |  |  |  | 199 | %
Utilization of research and experimentation, solar and foreign |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
tax credits |  |  | (300 | ) |  |  | (1 | %) |  |  | (272 | ) |  |  | (3 | %)
State taxes, net of federal benefit |  |  | 322 |  |  |  | 1 | % |  |  | (261 | ) |  |  | (3 | %)
Foreign tax on gain, net of federal benefit |  |  | - |  |  |  | 0 | % |  |  | 1,223 |  |  |  | 13 | %
Other, including qualified production activity credits, SERP/COLI |  |  |  |  |  |  |  |  |  |  |  |  |
income, under/(over) accruals, unrealized foreign exchange gains |  |  |  |  |  |  |  |  |  |  |  |  |
and amortization of purchase accounting intangibles |  |  | 145 |  |  |  | 1 | % |  |  | (247 | ) |  |  | (3 | %)
Tax provision computed at the Company's |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
effective tax rate |  | $ | 2,907 |  |  |  | 12 | % |  | $ | 21,540 |  |  |  | 223 | %
Deferred Income Tax Assets | Components of deferred income tax assets are as follows:
|  | December 31, |
|  | 2018 |  |  | 2017 |
|  | Tax Effect |  |  | Tax Effect |
Deferred tax assets: |  |  |  |  |  |
State tax credits |  | $ | 1,000 |  |  | $ | 1,033 |
Unfunded pension liability |  |  | 605 |  |  |  | 1,139 |
Reserves and accruals |  |  | 2,483 |  |  |  | 2,828 |
Federal, state and foreign net operating loss |  |  |  |  |
and credit carryforwards |  |  | 8,370 |  |  |  | 10,524 |
Depreciation |  |  | 850 |  |  |  | 917 |
Other accruals |  |  | 5,641 |  |  |  | 4,915 |
Total deferred tax assets |  |  | 18,949 |  |  |  | 21,356 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Depreciation |  |  | 1,666 |  |  |  | 989 |
Amortization |  |  | 7,930 |  |  |  | 8,490 |
Other accruals |  |  | 893 |  |  |  | 946 |
Total deferred tax liabilities |  |  | 10,489 |  |  |  | 10,425 |
Valuation allowance |  |  | 9,200 |  |  |  | 8,343 |
Net deferred tax (liabilities)/assets |  | $ | (740 | ) |  | $ | 2,588 |

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