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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2013
Income Tax Disclosure [Abstract] |
Schedule Of Income Before Income Taxes | Income (loss) before income taxes consisted of the following:
| Years Ended December 31,
| 2013 |  | 2012 |  | 2011
| (In thousand)
United States operations | $ | (33,162 | ) |  | $ | 25,293 |  |  | $ | 1,507 |
Foreign operations | 1,860 |  |  | 26,736 |  |  | 26,987 |
Total | $ | (31,302 | ) |  | $ | 52,029 |  |  | $ | 28,494 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the U.S. Federal statutory rate to the Company’s effective tax rate is as follows:
| Years Ended December 31,
| 2013 |  | 2012 |  | 2011
Federal statutory rate | 35.0 | % |  | 35.0 | % |  | 35.0 | %
Increase (decrease) in income taxes resulting from: |  |  |  |  |
State income taxes, net of federal tax benefit | 0.3 | % |  | 2.6 | % |  | 5.0 | %
Foreign operations | (17.2 | )% |  | (14.7 | )% |  | (11.5 | )%
Goodwill impairment | 34.1 | % |  | — | % |  | — | %
Changes in valuation allowances | (1.1 | )% |  | (0.4 | )% |  | (14.0 | )%
Uncertain tax positions | (8.5 | )% |  | (2.5 | )% |  | (5.8 | )%
Research and development credit | (1.8 | )% |  | — | % |  | (3.0 | )%
Return to provision | (6.6 | )% |  | (0.5 | )% |  | (5.4 | )%
Other | (1.5 | )% |  | 1.3 | % |  | 1.5 | %
Effective tax rate | 32.7 | % |  | 20.8 | % |  | 1.8 | %
Schedule Of Provision For Income Taxes | The provision for income taxes consisted of the following:
| Years Ended December 31,
| 2013 |  | 2012 |  | 2011
| (As adjusted)* |  |  |  |
| (In thousands)
Current: |  |  |  |  |
Federal | $ | 3,160 |  |  | $ | 3,614 |  |  | $ | (934 | )
State | (1,374 | ) |  | 1,373 |  |  | (1,530 | )
Foreign | 1,124 |  |  | 4,301 |  |  | 1,813 |
Total current | $ | 2,910 |  |  | $ | 9,288 |  |  | $ | (651 | )
Deferred: |  |  |  |  |
Federal | (13,817 | ) |  | 4,053 |  |  | 1,078 |
State | (757 | ) |  | 497 |  |  | 2,236 |
Foreign | 1,429 |  |  | (3,013 | ) |  | (2,158 | )
Total deferred | $ | (13,145 | ) |  | $ | 1,537 |  |  | $ | 1,156 |
Provision for income taxes | $ | (10,235 | ) |  | $ | 10,825 |  |  | $ | 505 |
Schedule Of Deferred Tax Assets And Liabilities | The income tax effects of significant temporary differences that give rise to deferred tax assets and liabilities, shown before jurisdictional netting, are presented below:
| December 31,
| 2013 |  | 2012
| (As adjusted)* |  |
| (In thousands)
Current assets: |  |  |
Doubtful accounts | $ | 1,791 |  |  | $ | 1,829 |
Inventory related items | 34,968 |  |  | 26,549 |
Tax credits | 3,883 |  |  | 3,275 |
Accrued vacation | 2,492 |  |  | 2,335 |
Accrued bonus | 1,266 |  |  | 4,111 |
Net operating loss carryforwards | 4,550 |  |  | — |
Other | 1,960 |  |  | 4,095 |
Total current deferred tax assets | 50,910 |  |  | 42,194 |
Less valuation allowance | (2,232 | ) |  | (2,922 | )
Current deferred tax assets after valuation allowance | $ | 48,678 |  |  | $ | 39,272 |
Current liabilities: |  |  |
Other | (646 | ) |  | (314 | )
Total current deferred tax liabilities | $ | (646 | ) |  | $ | (314 | )
Net current deferred tax assets | $ | 48,032 |  |  | $ | 38,958 |
| December 31,
| 2013 |  | 2012
| (As adjusted)* |  |
| (In thousands)
Non-current assets: |  |  |
Benefit and compensation | $ | — |  |  | $ | (500 | )
Stock compensation | 14,879 |  |  | 12,730 |
Deferred revenue | 186 |  |  | 162 |
Net operating loss carryforwards | 26,612 |  |  | 36,037 |
Federal & state tax credits | 19,045 |  |  | 19,851 |
Other | 897 |  |  | — |
Total non-current deferred tax assets | 61,619 |  |  | 68,280 |
Less valuation allowance | (6,828 | ) |  | (11,321 | )
Non-current deferred tax assets after valuation allowance | $ | 54,791 |  |  | $ | 56,959 |
Non-current liabilities: |  |  |
Intangible & fixed assets | (41,563 | ) |  | (46,650 | )
Other | 105 |  |  | 359 |
Total non-current deferred tax liabilities | $ | (41,458 | ) |  | $ | (46,291 | )
Net non-current deferred tax assets | $ | 13,333 |  |  | $ | 10,668 |
Total net deferred tax assets | $ | 61,365 |  |  | $ | 49,626 |
Schedule of Uncertain Tax Benefits Reconciliation | A reconciliation of the beginning and ending amount of uncertain tax benefits is as follows:
| Years Ended December 31,
| 2013 |  | 2012 |  | 2011
| (In thousands)
Balance, beginning of year | $ | 6,136 |  |  | $ | 3,927 |  |  | $ | 5,530 |
Gross increases: |  |  |  |  |
Current year tax positions | 349 |  |  | — |  |  | — |
Prior years' tax positions | 729 |  |  | 7,796 |  |  | 1,001 |
Gross decreases: |  |  |  |  |
Prior years' tax positions | (477 | ) |  | — |  |  | — |
Settlements | — |  |  | (3,523 | ) |  | (962 | )
Statute of limitations lapses | (3,338 | ) |  | (2,064 | ) |  | (1,642 | )
Balance, end of year | $ | 3,399 |  |  | $ | 6,136 |  |  | $ | 3,927 |

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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://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
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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://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
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