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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2019
INCOME TAXES |
Schedule of domestic and foreign components of pretax income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2019 |  | 2018 |  | 2017 |
Domestic | ​ | $ | 74,978 | ​ | $ | 66,253 | ​ | $ | 76,042 | ​
Foreign | ​ |  | 10,426 | ​ |  | 6,953 | ​ |  | 8,519 | ​
​ | ​ | $ | 85,404 | ​ | $ | 73,206 | ​ | $ | 84,561 | ​
​
Schedule of components of provision of income taxes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2019 |  | 2018 |  | 2017 |
Current: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Federal | ​ | $ | 15,133 | ​ | $ | 12,414 | ​ | $ | 6,019 | ​
State | ​ |  | 2,942 | ​ |  | 1,421 | ​ |  | 369 | ​
​ | ​ |  | 18,075 | ​ |  | 13,835 | ​ |  | 6,388 | ​
Deferred: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Federal | ​ |  | (543) | ​ |  | (577) | ​ |  | (7,191) | ​
Foreign | ​ |  | 2,422 | ​ |  | 2,685 | ​ |  | 3,425 | ​
State | ​ |  | 611 | ​ |  | 458 | ​ |  | 1,285 | ​
​ | ​ |  | 2,490 | ​ |  | 2,566 | ​ |  | (2,481) | ​
​ | ​ | $ | 20,565 | ​ | $ | 16,401 | ​ | $ | 3,907 | ​
​
Schedule of significant components of net deferred tax liability | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​
​ |  | 2019 |  | 2018 |
Deferred tax assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Accrued customer promotions | ​ | $ | 198 | ​ | $ | 913 | ​
Deferred compensation | ​ |  | 19,432 | ​ |  | 15,872 | ​
Postretirement benefits | ​ |  | 3,439 | ​ |  | 3,119 | ​
Other accrued expenses | ​ |  | 3,979 | ​ |  | 4,520 | ​
Foreign subsidiary tax loss carry forward | ​ |  | 4,584 | ​ |  | 5,731 | ​
Outside basis difference in foreign subsidiary | ​ | ​ | 365 | ​ | ​ | 273 | ​
Unrealized capital losses | ​ | ​ | — | ​ | ​ | 472 | ​
Deductible state tax depreciation | ​ | ​ | 512 | ​ | ​ | 390 | ​
Tax credit carry forward | ​ |  | 3,059 | ​ |  | 2,989 | ​
​ | ​ |  | 35,568 | ​ |  | 34,279 | ​
Valuation allowance | ​ |  | (4,985) | ​ |  | (3,892) | ​
Total deferred tax assets | ​ | $ | 30,583 | ​ | $ | 30,387 | ​
Deferred tax liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation | ​ | $ | 23,375 | ​ | $ | 21,637 | ​
Deductible goodwill and trademarks | ​ |  | 36,591 | ​ |  | 35,037 | ​
Accrued export company commissions | ​ |  | 4,367 | ​ |  | 4,211 | ​
Employee benefit plans | ​ |  | 2,700 | ​ |  | 3,539 | ​
Inventory reserves | ​ |  | 2,526 | ​ |  | 2,784 | ​
Prepaid insurance | ​ |  | 710 | ​ |  | 735 | ​
Unrealized capital gains | ​ | ​ | 1,362 | ​ | ​ | — | ​
Deferred foreign exchange gain | ​ | ​ | 260 | ​ | ​ | 577 | ​
Deferred gain on sale of real estate | ​ |  | 5,298 | ​ |  | 5,286 | ​
Total deferred tax liabilities | ​ | $ | 77,189 | ​ | $ | 73,806 | ​
Net deferred tax liability | ​ | $ | 46,606 | ​ | $ | 43,419 | ​
Schedule of reconciliation of statutory and effective income tax rate | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2019 |  | 2018 |  | 2017 |
U.S. statutory rate |  | 21.0 | % | 21.0 | % | 35.0 | %
State income taxes, net |  | 0.5 | ​ | 0.5 | ​ | 1.6 | ​
Exempt municipal bond interest |  | (0.1) | ​ | (0.1) | ​ | (0.1) | ​
Foreign tax rates |  | 1.4 | ​ | 2.1 | ​ | 0.5 | ​
Qualified domestic production activities deduction |  | — | ​ | — | ​ | (0.8) | ​
Tax credits receivable |  | 0.5 | ​ | — | ​ | (1.4) | ​
Adjustment of deferred tax balances |  | 0.2 | ​ | 0.1 | ​ | (24.2) | ​
Reserve for uncertain tax benefits |  | 0.4 | ​ | (1.0) | ​ | (0.3) | ​
Worthless stock deduction | ​ | — | ​ | — | ​ | (3.8) | ​
Other, net |  | 0.2 | ​ | (0.2) | ​ | (1.9) | ​
Effective income tax rate |  | 24.1 | % | 22.4 | % | 4.6 | %
Schedule of reconciliation of beginning and ending balances of total amounts of unrecognized tax benefits | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2019 |  | 2018 |  | 2017 |
Unrecognized tax benefits at January 1 | ​ | $ | 3,339 | ​ | $ | 4,342 | ​ | $ | 4,746 | ​
Increases in tax positions for the current year | ​ |  | 1,164 | ​ |  | 448 | ​ |  | 394 | ​
Reductions in tax positions for lapse of statute of limitations | ​ |  | (576) | ​ |  | (751) | ​ |  | (793) | ​
Reductions in tax positions for settlements and payments | ​ | ​ | (249) | ​ | ​ | — | ​ | ​ | — | ​
Increases (decreases) in prior period unrecognized tax benefits due to change in judgment | ​ | ​ | — | ​ | ​ | (700) | ​ | ​ | (5) | ​
Unrecognized tax benefits at December 31 | ​ | $ | 3,678 | ​ | $ | 3,339 | ​ | $ | 4,342 | ​

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- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319 + Details
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