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Note 11 - Income Tax (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | Years Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Domestic |  | $ | 26,545 |  |  | $ | 34,654 |  |  | $ | 21,205 |
Foreign |  |  | 27,357 |  |  |  | 18,064 |  |  |  | - |
Total |  | $ | 53,902 |  |  | $ | 52,718 |  |  | $ | 21,205 |
|  | Years Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Current |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 6,099 |  |  | $ | 11,238 |  |  | $ | 5,793 |
State |  |  | 1,784 |  |  |  | 2,309 |  |  |  | 1,320 |
Foreign |  |  | 272 |  |  |  | 1,863 |  |  |  | - |
Total Current |  |  | 8,155 |  |  |  | 15,410 |  |  |  | 7,113 |
Deferred |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 841 |  |  |  | (3,856 | ) |  |  | (1,399 | )
State |  |  | 2 |  |  |  | (624 | ) |  |  | (395 | )
Foreign |  |  | (20 | ) |  |  | (1 | ) |  |  | - |
Total Deferred |  |  | 823 |  |  |  | (4,481 | ) |  |  | (1,794 | )
Total income tax provision |  | $ | 8,978 |  |  | $ | 10,929 |  |  | $ | 5,319 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Deferred tax assets: |  |  |  |  |  |  |  |
Reserves |  | $ | 603 |  |  | $ | 450 |
Inventory capitalization |  |  | - |  |  |  | 305 |
Compensation programs |  |  | 2,040 |  |  |  | 2,120 |
Equity-based compensation |  |  | 685 |  |  |  | 690 |
Lease liability |  |  | 3,596 |  |  |  | 3,298 |
Intangible assets |  |  | 1,774 |  |  |  | 1,132 |
Deferred revenue |  |  | 963 |  |  |  | 1,115 |
Other |  |  | 21 |  |  |  | 362 |
Gross deferred tax assets |  |  | 9,682 |  |  |  | 9,472 |
Valuation allowance |  |  | - |  |  |  | - |
Net deferred tax assets |  |  | 9,682 |  |  |  | 9,472 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Excess of book over tax basis of fixed assets |  |  | (2,839 | ) |  |  | (2,782 | )
Goodwill |  |  | (3,095 | ) |  |  | (2,445 | )
Right of use asset |  |  | (3,481 | ) |  |  | (3,245 | )
Inventory capitalization |  |  | (88 | ) |  |  | - |
Total deferred tax liabilities |  |  | (9,503 | ) |  |  | (8,472 | )
Net long-term deferred tax assets (liabilities) |  | $ | 179 |  |  | $ | 1,000 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Years Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
U.S. federal statutory rate |  |  | 21.0 | % |  |  | 21.0 | % |  |  | 21.0 | %
Increase (decrease) in income taxes resulting from: |  |  |  |  |  |  |  |  |  |  |  |
State taxes, net of federal tax benefit |  |  | 2.7 |  |  |  | 3.2 |  |  |  | 4.0 |
Tax credits |  |  | (0.1 | ) |  |  | (0.7 | ) |  |  | (1.7 | )
Return to provision adjustments |  |  | (3.2 | ) |  |  | - |  |  |  | 0.7 |
Foreign rate differential |  |  | (9.3 | ) |  |  | (3.7 | ) |  |  | - |
GILTI impact |  |  | 4.5 |  |  |  | 0.8 |  |  |  | - |
FDII impact |  |  | (0.7 | ) |  |  | - |  |  |  | - |
Excess tax benefits on equity awards |  |  | (1.9 | ) |  |  | (0.6 | ) |  |  | (0.2 | )
162m limitations |  |  | 1.9 |  |  |  | 0.8 |  |  |  | 0.7 |
Increases in uncertain tax positions |  |  | 1.3 |  |  |  | - |  |  |  | - |
Other |  |  | 0.5 |  |  |  | (0.1 | ) |  |  | 0.8 |
Change in valuation allowance |  |  | - |  |  |  | - |  |  |  | (0.2 | )
Effective tax rate |  |  | 16.7 | % |  |  | 20.7 | % |  |  | 25.1 | %
Summary of Income Tax Contingencies [Table Text Block] |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Gross UTB balance at beginning of fiscal year |  | $ | - |  |  | $ | - |
Gross increases - tax positions of prior years |  |  | 670 |  |  |  | - |
Gross UTB balance at end of fiscal year |  | $ | 670 |  |  | $ | - |

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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://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + 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://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
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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 -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 19 -SubTopic 10 -Topic 740 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-19 + Details
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