XML 54 R38.htm IDEA: XBRL DOCUMENT v3.20.4

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule Of Income Tax Expense

Income tax expense (benefit) based on income before income taxes consisted of the following:

		Year Ended December 31,
(in thousands)		2020				2019				2018
Current:
U.S. Federal		$	1,406			$	(1,697	)		$	(14,831	)
State and local			24				(3,567	)			10,110
Foreign			9,120				11,474				29,817
			10,550				6,210				25,096
Deferred:
U.S. Federal			(3,784	)			1,815				(249	)
State and local			(1,021	)			1,409				(550	)
Foreign			(2,507	)			(5,590	)			8,427
			(7,312	)			(2,366	)			7,628
		$	3,238			$	3,844			$	32,724

Schedule Of Income Before Income Taxes

Worldwide income (loss) before income taxes consisted of the following:

		Year Ended December 31,
(in thousands)		2020				2019				2018
United States		$	(33,790	)		$	(13,756	)		$	(23,645	)
Foreign			51,083				41,025				79,186
		$	17,293			$	27,269			$	55,541

Schedule Of Federal Statutory Income Tax Rate To Income Before Income Tax

Income tax expense differed from the amounts computed by applying the U.S. Federal statutory income tax rate to income before income taxes as a result of the following:

		Year Ended December 31,
(in thousands)		2020				2019				2018
Tax at statutory rate		$	3,632			$	5,727			$	11,664
State taxes, net of federal tax effect			(788	)			(1,705	)			7,553
Effect of foreign operations and tax incentives			(6,372	)			(5,870	)			(11,945	)
Change in valuation allowance			(3,029	)			(2,283	)			2,114
Stock-based compensation			347				118				(143	)
Provisional impact of U.S. Tax Reform			—				—				(4,353	)
Impact of cash repatriation			—				—				21,612
GILTI			1,667				955				3,206
Losses in foreign jurisdictions for which no benefit has    been provided			5,798				4,379				1,423
Change in uncertain tax benefits reserve			(31	)			200				(317	)
Other			2,014				2,323				1,910
Total income tax expense		$	3,238			$	3,844			$	32,724

Schedule Of Deferred Tax Assets And Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below:

		December 31,
(in thousands)		2020				2019
Deferred tax assets:
Carrying value of inventories		$	3,470			$	3,212
Accrued liabilities and allowances deductible for tax purposes on a cash basis			13,086				8,945
Goodwill			1,704				1,976
Stock-based compensation			2,559				2,500
Operating right-of-use lease liabilities			20,003				19,087
Net operating loss carryforwards			19,120				19,493
Tax credit carryforwards			3,368				2,421
Interest rate swap liabilities			2,263				1,210
Other			5,025				3,938
			70,598				62,782
Less: valuation allowance			(19,038	)			(15,992	)
Net deferred tax assets			51,560				46,790
Deferred tax liabilities:
Plant and equipment, due to differences in depreciation			(7,899	)			(10,428	)
Operating right-of-use lease assets			(19,742	)			(18,826	)
Intangible assets, due to differences in amortization			(14,078	)			(16,302	)
Foreign withholding tax			(6,102	)			(7,181	)
Other			(3,603	)			(2,283	)
Gross deferred tax liability			(51,424	)			(55,020	)
Net deferred tax liability		$	136			$	(8,230	)
The net deferred tax liability is classified as follows:
Long-term asset		$	4,924			$	5,274
Long-term liability			(4,788	)			(13,504	)
Total		$	136			$	(8,230	)

Schedule Of Tax Incentives

The Company expects to obtain an extension of the Malaysia tax holiday in 2021 which will extend the tax holiday for another five years until 2026. The net impact of these tax incentives was to lower income tax expense for 2020, 2019, and 2018 by approximately $7.4 million (approximately $0.20 per diluted share), $5.0 million (approximately $0.13 per diluted share) and $7.9 million (approximately $0.17 per diluted share), respectively, as follows:

		Year Ended December 31,
(in thousands)		2020				2019				2018
China		$	—			$	—			$	1,884
Malaysia			4,945				3,010				3,287
Thailand			2,496				2,025				2,715
		$	7,441			$	5,035			$	7,886

Schedule Of Reconciliation Of Beginning And Ending Amount Of Unrecognized Tax Benefits

		December 31,
(in thousands)		2020				2019				2018
Balance as of January 1		$	513			$	313			$	708
Additions related to current year tax positions			—				—				137
Additions related to prior year tax positions			—				200				—
Decreases related to prior year tax positions			(14	)			—				(532	)
Balance as of December 31		$	499			$	513			$	313

X

- Definition

Schedule Of Reconciliation Of Beginning And Ending Amount Of Unrecognized Tax Benefits [Table Text Block]

+ References

No definition available.

+ Details

Name:	bhe_ScheduleOfReconciliationOfBeginningAndEndingAmountOfUnrecognizedTaxBenefitsTableTextBlock
Namespace Prefix:	bhe_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&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://fasb.org/us-gaap/role/ref/legacyRef
-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=120395691&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 the income tax exemptions and reductions which have been granted by taxing authorities for a specified period, applicable term of the exemptions and reductions, estimated dollar value of tax benefits, and per share benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330215-122817

+ Details

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