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K. INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2016
Income Tax Disclosure [Abstract] |
Income or loss from operations before income taxes |
|  | Year ended December 31, |
|  | 2016 |  | 2015 |  | 2014 |
|  | (in thousands) |
Domestic |  | $ | 10,047 |  | $ | 14,062 |  | 1,226 |
Foreign |  |  | 10,956 |  |  | (2,894) |  | 3,256 |
Total income before income taxes |  | $ | 21,003 |  | $ | 11,168 |  | 4,482 |
Provision for income tax expense |
|  | 2016 |  | 2015 |  | 2014 |
Current: |  | (in thousands) |
Federal |  | $ | (15) |  | $ | 168 |  | $ | 193 |
State |  |  | 256 |  |  | 207 |  |  | 6 |
Foreign |  |  | 962 |  |  | — |  |  | — |
Total |  | $ | 1,203 |  | $ | 375 |  | $ | 199 |
Deferred: |  |  |  |  |  |  |  |  |  |
Federal |  | $ | (10,794) |  | $ | — |  | $ | — |
State |  |  | (130) |  |  | — |  |  | — |
Foreign |  |  | (510) |  |  | — |  |  | — |
Total |  | $ | (11,434) |  | $ | — |  | $ | — |
Income tax (benefit) expense |  | $ | (10,231) |  | $ | 375 |  | $ | 199 |
Net deferred tax assets and liabilities |
|  | 2016 |  | 2015 |
|  | (in thousands) |
NOL carryforward |  | $ | 12,866 |  | $ | 14,318 |
Inventory reserves |  |  | 869 |  |  | 1,616 |
AMT credit |  |  | 424 |  |  | 347 |
Unrealized gains and losses |  |  | (6) |  |  | 1,549 |
Stock compensation |  |  | 1,453 |  |  | 1,084 |
Fixed assets and intangibles |  |  | (2,777) |  |  | (4,432) |
Other |  |  | 255 |  |  | 244 |
|  |  | 13,084 |  |  | 14,726 |
Less valuation allowance |  |  | (1,663) |  |  | (14,726) |
Deferred tax assets, net |  | $ | 11,421 |  | $ | — |
Reconciliation of the U.S. federal income tax rate |
|  | 2016 |  | 2015 |  | 2014 |
|  | (in thousands) |
Expected taxes |  | $ | 7,351 |  | $ | 3,797 |  | $ | 1,524 |
Non-deductible/non-taxable items |  |  | 565 |  |  | 157 |  |  | 138 |
Foreign rate differences |  |  | (654) |  |  | (1,267) |  |  | 295 |
Foreign permanent differences |  |  | (1,005) |  |  | — |  |  | — |
Increase (decrease) in valuation allowance |  |  | (13,063) |  |  | 2,052 |  |  | (1,729) |
Section 382 limitation |  |  | (3,065) |  |  | (4,382) |  |  | — |
Changes in tax laws or rates |  |  | (361) |  |  | — |  |  | — |
Other, net |  |  | 1 |  |  | 18 |  |  | (29) |
Tax (benefit) expense |  | $ | (10,231) |  | $ | 375 |  | $ | 199 |
Schedule of unrecognized tax benefits |
|  | 2016 |  | 2015 |  | 2014 |
|  | (in thousands) |
Unrecognized tax benefits — January 1 |  | $ | 1,797 |  | $ | 1,659 |  | $ | 2,200 |
Gross increases — tax positions in prior period |  |  | — |  |  | 332 |  |  | 1,659 |
Gross decreases — tax positions in prior period |  |  | — |  |  | (194) |  |  | (2,200) |
Unrecognized tax benefits — December 31 |  | $ | 1,797 |  | $ | 1,797 |  | $ | 1,659 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319 + Details
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