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Note 10 - Income Taxes
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Income Tax Disclosure [Text Block]
10.
INCOME TAXES
 
On
March 27, 2020,
the Coronavirus Aid, Relief and Economic Security (“CARES”) Act was enacted and signed into law. Certain provisions of the CARES Act impact the
2019
income tax provision computations of the Company and were reflected in the
three
months ended
March 31, 2020,
or the period of enactment. The CARES Act contains modifications on the limitation of business interest for tax years beginning in
2019
and
2020.
The modifications to Section
163
(j) increase the allowable business interest deduction from
30%
of adjusted taxable income to
50%
of adjusted taxable income. This modification would increase the allowable interest expense deduction of the Company and result in a net operating loss (“NOL”) for the year ended
December 31, 2019. 
The Company intends to carry back the NOL to the tax year ended
December 31, 2015
and has reflected this impact in the tax provision for the
three
months ended
March 31, 2020. 
Due to the foregoing, and as a result of the difference in corporate tax rates in the NOL carryback period, the Company recognized a benefit associated with the enactment of the CARES act in the
three
months ended
March 31, 2020.
 
The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and foreign jurisdictions.  The Company is
no
longer subject to U.S. federal examinations by tax authorities for years before
2016
and for state examinations before
2013.
   Regarding foreign subsidiaries, the Company is
no
longer subject to examination by tax authorities for years before
2009
in Asia and generally
2011
in Europe.  The Company is currently under examination by the taxing authorities in Slovakia for the tax year
2014
and has accrued tax based on preliminary findings.
 
As a result of the expiration of the statutes of limitations for specific jurisdictions, it is reasonably possible that the related unrecognized benefits for tax positions taken regarding previously filed tax returns
may
change materially from those recorded as liabilities for uncertain tax positions in the Company’s consolidated financial statements at
March 31, 2020. 
The Company’s liabilities for uncertain tax positions totaled
$
29.1
million at
March 31, 2020
and
December 31, 2019,
of which
$
2.2
million is included in other current liabilities at
March 31, 2020
and
December 31, 2019
and are expected to be resolved during
2020
by way of expiration of the related statute of limitations.  These amounts, if recognized, would reduce the Company’s effective tax rate.
 
The Company’s policy is to recognize interest and penalties related to uncertain tax positions as a component of the current provision for income taxes. During the
three
months ended
March 31, 2020
and
2019,
the Company recognized
$
0.2
million in interest and penalties in the condensed consolidated statements of operations during each period.  During the
three
months ended
March 31, 2019,
the Company recognized a benefit of
$0.3
million for the reversal of such interest and penalties, relating to the settlement of the liability for uncertain tax positions.  The Company has approximately
$5.1
million and
$4.9
million accrued for the payment of interest and penalties at
March 31, 2020
and
December 31, 2019,
respectively, which is included in both income taxes payable and liability for uncertain tax positions in the condensed consolidated balance sheets.