XML 52 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes

Schedule of income (loss) from continuing operations before income taxes

Our income (loss) from continuing operations before income taxes in the accompanying Consolidated Statements of Operations consists of (in thousands):

		Year ended December 31,
		2013			2012			2011
Domestic		$	(84,942	)	$	5,811		$	230,204
Foreign		13,732			32,375			41,882
		$	(71,210	)	$	38,186		$	272,086

Schedule of components of the provision (benefit) for income taxes from continuing operations

Significant components of the provision (benefit) for income taxes from continuing operations are presented below (in thousands):

		Year ended December 31,
		2013			2012			2011
Current:
Federal		$	(21,022	)	$	2,515		$	59,921
Foreign		3,921			7,576			10,714
State and local		148			(317		)	805
Total current provision (benefit) for income taxes		(16,953		)	9,774			71,440
Deferred:
Federal		(11,589		)	(482		)	10,454
Foreign		(462		)	727			(1,073		)
State and local		57			1,638			763
Total deferred provision (benefit) for income taxes		(11,994		)	1,883			10,144
Total provision (benefit) for income taxes		$	(28,947	)	$	11,657		$	81,584

Schedule of reconciliation of the income tax provision (benefit) computed using the Federal statutory rate to actual income tax provision

The following is a reconciliation of the income tax provision (benefit) computed using the Federal statutory rate to our actual income tax provision (in thousands):

		Year ended December 31,
		2013			2012			2011
Income tax provision (benefit) at U.S. statutory rates		$	(24,923	)	$	13,366		$	95,231
State income tax expense (benefit), net of federal impact		(1,554		)	(89		)	1,616
Nondeductible expenses		195			622			(749		)
Domestic production activities deduction		1,554			(489		)	(4,581		)
Nondeductible compensation		11			205			841
Research and development tax credit		(3,151		)	(3,013		)	(4,675		)
Net change in valuation allowance		2,420			2,943			121
Change in accrual for unrecognized tax benefits		577			533			824
Foreign tax rate differential		(4,275		)	(2,387		)	(5,225		)
Other		199			(34		)	(1,819		)
Total provision (benefit) for income taxes		$	(28,947	)	$	11,657		$	81,584

Schedule of deferred tax assets and liabilities

Significant components of our deferred tax assets and liabilities are as follows (in thousands):

		December 31,
		2013			2012
Deferred tax assets:
Inventory valuation		$	6,983		$	6,386
Domestic net operating loss carry forwards		5,585			1,144
Tax credit carry forwards		12,566			4,145
Foreign net operating loss carry forwards		821			—
Warranty and installation accruals		3,002			2,174
Equity compensation		10,638			9,114
Other accruals		2,556			3,270
Other		1,160			760
Total deferred tax assets		43,311			26,993
Valuation allowance		(7,753		)	(4,708		)
Net deferred tax assets		35,558			22,285
Deferred tax liabilities:
Purchased intangible assets		45,208			9,973
Undistributed earnings		1,737			1,095
Depreciation		4,711			7,014
Total deferred tax liabilities		51,656			18,082
Net deferred taxes		$	(16,098	)	$	4,203

Schedule of reconciliation of beginning and ending amount of unrecognized tax benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

		December 31,
		2013			2012
Beginning balance as of December 31		$	5,818		$	4,748
Additions for tax positions related to current year		324			435
Reductions for tax positions related to current year		—			—
Additions for tax positions related to prior years		477			742
Reductions for tax positions related to prior years		(224		)	(59		)
Reductions due to the lapse of the applicable statute of limitations		—			(48		)
Settlements		(167		)	—
Ending balance as of December 31		$	6,228		$	5,818

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

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.

+ 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=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h)(1)(i))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of 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 (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration