XML 35 R62.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Details) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income from continuing operations      
U.S. operations $ 52,315us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic $ 54,702us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic $ 47,220us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Foreign operations 17,223us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign 5,176us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign 12,670us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
Profit Before Income Taxes 69,538us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 59,878us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 59,890us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Current:      
Federal 11,903us-gaap_CurrentFederalTaxExpenseBenefit 13,551us-gaap_CurrentFederalTaxExpenseBenefit 8,158us-gaap_CurrentFederalTaxExpenseBenefit
Foreign 3,373us-gaap_CurrentForeignTaxExpenseBenefit 3,567us-gaap_CurrentForeignTaxExpenseBenefit 4,633us-gaap_CurrentForeignTaxExpenseBenefit
State 1,543us-gaap_CurrentStateAndLocalTaxExpenseBenefit 1,136us-gaap_CurrentStateAndLocalTaxExpenseBenefit 1,089us-gaap_CurrentStateAndLocalTaxExpenseBenefit
Current Income Tax Expense 16,819us-gaap_CurrentIncomeTaxExpenseBenefit 18,254us-gaap_CurrentIncomeTaxExpenseBenefit 13,880us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred:      
Federal 2,650us-gaap_DeferredFederalIncomeTaxExpenseBenefit 1,856us-gaap_DeferredFederalIncomeTaxExpenseBenefit 4,423us-gaap_DeferredFederalIncomeTaxExpenseBenefit
Foreign (524)us-gaap_DeferredForeignIncomeTaxExpenseBenefit (424)us-gaap_DeferredForeignIncomeTaxExpenseBenefit (126)us-gaap_DeferredForeignIncomeTaxExpenseBenefit
State (58)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit (39)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit 129us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit
Deferred Income Tax Expense 2,068us-gaap_DeferredIncomeTaxExpenseBenefit 1,393us-gaap_DeferredIncomeTaxExpenseBenefit 4,426us-gaap_DeferredIncomeTaxExpenseBenefit
Total:      
Federal 14,553us-gaap_FederalIncomeTaxExpenseBenefitContinuingOperations 15,407us-gaap_FederalIncomeTaxExpenseBenefitContinuingOperations 12,581us-gaap_FederalIncomeTaxExpenseBenefitContinuingOperations
Foreign 2,849us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations 3,143us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations 4,507us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations
State 1,485us-gaap_StateAndLocalIncomeTaxExpenseBenefitContinuingOperations 1,097us-gaap_StateAndLocalIncomeTaxExpenseBenefitContinuingOperations 1,218us-gaap_StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
Total Income Tax Expense 18,887us-gaap_IncomeTaxExpenseBenefit 19,647us-gaap_IncomeTaxExpenseBenefit 18,306us-gaap_IncomeTaxExpenseBenefit
Effective income tax rate reconciliation      
Tax at statutory rate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
Increases (decreases) in the tax rate from:      
State and local taxes, net of federal benefit 1.70%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes 1.70%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes 1.00%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
Effect of foreign operations (4.60%)us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential (3.30%)us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential (6.20%)us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
Effect of changes in valuation allowances (0.90%)us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance 3.70%us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance 2.30%us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
Domestic production activities deduction (1.60%)us-gaap_EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities (1.60%)us-gaap_EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities (1.50%)us-gaap_EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
Other, net (2.40%)us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments (2.70%)us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments 0.00%us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments
Effective income tax rate 27.20%us-gaap_EffectiveIncomeTaxRateContinuingOperations 32.80%us-gaap_EffectiveIncomeTaxRateContinuingOperations 30.60%us-gaap_EffectiveIncomeTaxRateContinuingOperations
Deferred Tax Assets:      
Employee wages and benefits, principally due to accruals for financial reporting purposes 16,696us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits 14,831us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits  
Warranty reserves accrued for financial reporting purposes 2,895us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves 2,803us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves  
Receivable, principally due to allowance for doubtful accounts and tax accounting method for equipment rentals 1,549us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts 1,593us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts  
Tax loss carryforwards 6,845us-gaap_DeferredTaxAssetsOperatingLossCarryforwards 8,696us-gaap_DeferredTaxAssetsOperatingLossCarryforwards  
Tax credit carryforwards 1,043us-gaap_DeferredTaxAssetsTaxCreditCarryforwards 4,078us-gaap_DeferredTaxAssetsTaxCreditCarryforwards  
Other 1,246us-gaap_DeferredTaxAssetsOther 2,523us-gaap_DeferredTaxAssetsOther  
Gross Deferred Tax Assets 30,274us-gaap_DeferredTaxAssetsGross 34,524us-gaap_DeferredTaxAssetsGross  
Less: valuation allowance (5,699)us-gaap_DeferredTaxAssetsValuationAllowance (7,243)us-gaap_DeferredTaxAssetsValuationAllowance  
Total Net Deferred Tax Assets 24,575us-gaap_DeferredTaxAssetsNet 27,281us-gaap_DeferredTaxAssetsNet  
Deferred Tax Liabilities:      
Inventories, principally due to changes in inventory reserves 305us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts 306us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts  
Property, Plant and Equipment, principally due to differences in depreciation and related gains 6,745us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment 7,446us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment  
Goodwill and Intangible Assets 5,611us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssets 6,253us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssets  
Total Deferred Tax Liabilities 12,661us-gaap_DeferredTaxLiabilities 14,005us-gaap_DeferredTaxLiabilities  
Net Deferred Tax Assets 11,914us-gaap_DeferredTaxAssetsLiabilitiesNet 13,276us-gaap_DeferredTaxAssetsLiabilitiesNet  
Reconciliation of unrecognized tax benefits      
Balance at January 1, 3,660us-gaap_UnrecognizedTaxBenefits 3,480us-gaap_UnrecognizedTaxBenefits  
Increases as a result of tax positions taken during a prior period 0us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions 155us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions  
Increases as a result of tax positions taken during the current year 610us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions 508us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions  
Decreases relating to settlement with tax authorities (6)us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities 0us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities  
Reductions as a result of a lapse of the applicable statute of limitations (1,033)us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations (295)us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations  
Decreases as a result of foreign currency fluctuations (202)us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation (188)us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation  
Balance at December 31, 3,029us-gaap_UnrecognizedTaxBenefits 3,660us-gaap_UnrecognizedTaxBenefits 3,480us-gaap_UnrecognizedTaxBenefits
Unrecognized tax benefits that would impact the effective tax rate 2,684us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate 3,384us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate  
Unrecognized Tax Benefits 3,029us-gaap_UnrecognizedTaxBenefits 3,660us-gaap_UnrecognizedTaxBenefits 3,480us-gaap_UnrecognizedTaxBenefits
Accrued interest and penalties 557us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued 525us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued  
Maximum      
Operating loss carryforwards      
Income Tax Examination, Year under Examination 2011    
Minimum      
Operating loss carryforwards      
Income Tax Examination, Year under Examination 2007    
U.S.      
Operating loss carryforwards      
Undistributed earnings of non-U.S. subsidiaries 28,434us-gaap_UndistributedEarningsOfForeignSubsidiaries
/ us-gaap_IncomeTaxAuthorityAxis
= country_US		    
Dutch      
Operating loss carryforwards      
Tax loss carryforwards 13,012us-gaap_OperatingLossCarryforwards
/ us-gaap_IncomeTaxAuthorityAxis
= country_NL		    
Tax loss carryforwards expiration 9 years    
Foreign tax credit carryforwards 1,043us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign
/ us-gaap_IncomeTaxAuthorityAxis
= country_NL		    
German      
Operating loss carryforwards      
Tax loss carryforwards $ 13,492us-gaap_OperatingLossCarryforwards
/ us-gaap_IncomeTaxAuthorityAxis
= country_DE