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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The Company's income (loss) before income taxes and income tax expense (benefit), each by tax jurisdiction, consists of the following (dollars in thousands):
|  | Year ended December 31,
|  | 2022 |  | 2021 |  | 2020
Income (loss) before income taxes: |  |  |  |  |  |
Domestic |  | $ | 56,750 |  |  | $ | 28,380 |  |  | $ | (134,630) |
Foreign |  | 30,920 |  |  | 40,730 |  |  | 31,920 |
Total income (loss) before income taxes |  | $ | 87,670 |  |  | $ | 69,110 |  |  | $ | (102,710) |
Current income tax expense: |  |  |  |  |  |
Federal |  | $ | 13,300 |  |  | $ | 940 |  |  | $ | 200 |
State and local |  | 3,470 |  |  | 530 |  |  | 810 |
Foreign |  | 6,170 |  |  | 8,840 |  |  | 7,750 |
Total current income tax expense |  | 22,940 |  |  | 10,310 |  |  | 8,760 |
Deferred income tax expense (benefit): |  |  |  |  |  |
Federal |  | (1,780) |  |  | 5,450 |  |  | (16,900) |
State and local |  | 50 |  |  | 670 |  |  | (4,430) |
Foreign |  | 290 |  |  | (4,630) |  |  | (10,380) |
Total deferred income tax expense (benefit) |  | (1,440) |  |  | 1,490 |  |  | (31,710) |
Income tax expense (benefit) |  | $ | 21,500 |  |  | $ | 11,800 |  |  | $ | (22,950) |
Schedule of Deferred Tax Assets and Liabilities | The components of deferred taxes are as follows (dollars in thousands):
|  | December 31, 2022 |  | December 31, 2021
Deferred tax assets: |  |  |  |
Accounts receivable |  | $ | 1,290 |  |  | $ | 950 |
Inventories |  | 5,640 |  |  | 5,330 |
Accrued liabilities and other long-term liabilities |  | 14,580 |  |  | 15,320 |
Operating lease liability |  | 12,670 |  |  | 13,440 |
Research and experimentation costs (a) |  | 4,130 |  |  | — |
Tax loss and credit carryforwards |  | 27,310 |  |  | 30,690 |
Other |  | 110 |  |  | 340 |
Gross deferred tax asset |  | 65,730 |  |  | 66,070 |
Valuation allowances |  | (17,180) |  |  | (19,960) |
Net deferred tax asset |  | 48,550 |  |  | 46,110 |
Deferred tax liabilities: |  |  |  |
Property and equipment |  | (25,100) |  |  | (23,920) |
Right of use asset |  | (12,170) |  |  | (13,130) |
Goodwill and other intangible assets |  | (22,050) |  |  | (20,160) |
Investment in foreign affiliates, including withholding tax |  | (770) |  |  | (420) |
Gross deferred tax liability |  | (60,090) |  |  | (57,630) |
Net deferred tax liability |  | $ | (11,540) |  |  | $ | (11,520) |
__________________________ (a) Effective for tax years beginning after December 31, 2021, research and experimentation expenditures are to be capitalized and amortized for tax-purposes as part of the Tax Cuts and Jobs Act of 2017.
Schedule of Effective Income Tax Rate Reconciliation | The following is a reconciliation of income tax expense (benefit) computed at the U.S. federal statutory rate to income tax expense (benefit) allocated to income (loss) before income taxes (dollars in thousands):
|  | Year ended December 31,
|  | 2022 |  | 2021 |  | 2020
U.S. federal statutory rate |  | 21 | % |  | 21 | % |  | 21 | %
Tax at U.S. federal statutory rate |  | $ | 18,380 |  |  | $ | 14,550 |  |  | $ | (21,570) |
State and local taxes, net of federal tax benefit |  | 2,790 |  |  | 960 |  |  | (2,850) |
Differences in statutory foreign tax rates |  | 1,150 |  |  | (1,690) |  |  | (1,500) |
Change in recognized tax benefits |  | (600) |  |  | (550) |  |  | (920) |
Goodwill and other intangible assets impairment |  | — |  |  | — |  |  | 13,430 |
Tax credits and incentives |  | (1,260) |  |  | (5,060) |  |  | (2,130) |
Net change in valuation allowance |  | 340 |  |  | 2,100 |  |  | (6,390) |
Nondeductible compensation |  | 990 |  |  | 2,280 |  |  | 260 |
Other, net |  | $ | (290) |  |  | $ | (790) |  |  | $ | (1,280) |
Income tax expense (benefit) |  | $ | 21,500 |  |  | $ | 11,800 |  |  | $ | (22,950) |
Schedule of Unrecognized Tax Benefits Roll Forward | A reconciliation of the change in the UTBs for the years ended December 31, 2022 and 2021 is as follows (dollars in thousands):
|  | Unrecognized Tax Benefits
Balance at December 31, 2020 |  | $ | 1,640 |
Tax positions related to current year: |  |
Additions |  | 130 |
Tax positions related to prior years: |  |
Additions |  | 20 |
Reductions |  | — |
Settlements |  | — |
Lapses in the statutes of limitations |  | (540) |
Balance at December 31, 2021 |  | $ | 1,250 |
Tax positions related to current year: |  |
Additions |  | 140 |
Tax positions related to prior years: |  |
Additions |  | — |
Reductions |  | (50) |
Settlements |  | — |
Lapses in the statutes of limitations |  | (230) |
Balance at December 31, 2022 |  | $ | 1,110 |

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