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Note 12 - Income Tax (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Years Ended December 31,
		2024				2023				2022
Domestic		$	30,266			$	26,545			$	34,654
Foreign			42,759				27,357				18,064
Total		$	73,025			$	53,902			$	52,718

		Years Ended December 31,
		2024				2023				2022
Current
Federal		$	6,841			$	6,099			$	11,238
State			2,471				1,784				2,309
Foreign			3,449				272				1,863
Total Current			12,761				8,155				15,410
Deferred
Federal			1,044				841				(3,856	)
State			230				2				(624	)
Foreign			9				(20	)			(1	)
Total Deferred			1,283				823				(4,481	)
Total income tax provision		$	14,044			$	8,978			$	10,929

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		December 31,
		2024				2023
Deferred tax assets:
Accruals		$	753			$	603
Tax credits			183				-
Compensation programs			2,202				2,040
Equity-based compensation			928				685
Lease liability			4,306				3,596
Intangible assets			2,558				1,774
Deferred revenue			705				963
Other			12				21
Gross deferred tax assets			11,647				9,682
Valuation allowance			-				-
Net deferred tax assets			11,647				9,682
Deferred tax liabilities:
Excess of book over tax basis of fixed assets		$	(2,846	)		$	(2,839	)
Goodwill			(4,975	)			(3,095	)
Right of use asset			(4,175	)			(3,481	)
Intangible assets			(2,882	)			-
Inventory capitalization			(65	)			(88	)
Total deferred tax liabilities			(14,943	)			(9,503	)
Net long-term deferred tax assets (liabilities)		$	(3,296	)		$	179

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Years Ended December 31,
		2024				2023				2022
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			3.0				2.7				3.2
Tax credits			(0.3	)			(0.1	)			(0.7	)
Return to provision adjustments			0.3				(3.2	)			-
Foreign rate differential			(7.7	)			(9.3	)			(3.7	)
GILTI impact			1.6				4.5				0.8
FDII impact			(0.5	)			(0.7	)			-
Excess tax benefits on equity awards			(1.8	)			(1.9	)			(0.6	)
162m limitations			2.7				1.9				0.8
Other			0.9				1.8				(0.1	)
Effective tax rate			19.2	%			16.7	%			20.7	%

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

		December 31,
		2024				2023
Gross UTB balance at beginning of fiscal year		$	670			$	-
Gross increases - tax positions of prior years			106				670
Settlement of tax positions			(776	)			-
Gross UTB balance at end of fiscal year		$	-			$	670

X

- 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.

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