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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2016
Income Tax Disclosure [Abstract] |
Schedule Of Income Before Income Taxes | Income before income taxes consisted of the following:
| Years Ended December 31,
| 2016 |  | 2015 |  | 2014
| (In thousands)
United States operations | $ | 51,351 |  |  | $ | 37,450 |  |  | $ | 21,349 |
Foreign operations | 39,055 |  |  | 23,221 |  |  | 24,217 |
Total | $ | 90,406 |  |  | $ | 60,671 |  |  | $ | 45,566 |
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,
| 2016 |  | 2015 |  | 2014
Federal statutory rate | 35.0 | % |  | 35.0 | % |  | 35.0 | %
Increase (decrease) in income taxes resulting from: |  |  |  |  |
State income taxes, net of federal tax benefit | (0.2 | )% |  | 1.3 | % |  | 5.6 | %
Foreign operations | (10.0 | )% |  | (12.5 | )% |  | (16.7 | )%
Spine valuation allowance | — | % |  | 61.1 | % |  | — | %
Excess tax benefits from stock compensation | (3.9 | )% |  | — | % |  | — | %
Charitable contributions | (0.4 | )% |  | (1.0 | )% |  | (2.7 | )%
Domestic production activities deduction | (2.6 | )% |  | (2.4 | )% |  | (2.7 | )%
Intercompany profit in inventory | 1.0 | % |  | 3.1 | % |  | (0.4 | )%
Nondeductible facilitative costs | 0.2 | % |  | 3.1 | % |  | 1.1 | %
Changes in valuation allowances | 0.4 | % |  | 0.3 | % |  | 2.1 | %
Uncertain tax positions | (0.3 | )% |  | 0.2 | % |  | (3.4 | )%
Research and development credit | (1.2 | )% |  | (1.9 | )% |  | (1.8 | )%
Return to provision | (1.5 | )% |  | 1.7 | % |  | 1.4 | %
Other | 1.0 | % |  | 0.7 | % |  | 2.8 | %
Effective tax rate | 17.5 | % |  | 88.7 | % |  | 20.3 | %
Schedule Of Provision For Income Taxes | The provision for income taxes consisted of the following:
| Years Ended December 31,
| 2016 |  | 2015 |  | 2014
| (In thousands)
Current: |  |  |  |  |
Federal | $ | 13,700 |  |  | $ | 46,665 |  |  | $ | 10,330 |
State | 2,503 |  |  | 2,301 |  |  | 2,124 |
Foreign | 6,113 |  |  | 5,205 |  |  | 3,666 |
Total current | $ | 22,316 |  |  | $ | 54,171 |  |  | $ | 16,120 |
Deferred: |  |  |  |  |
Federal | (3,400 | ) |  | 1,282 |  |  | (5,524 | )
State | (1,751 | ) |  | (394 | ) |  | 695 |
Foreign | (1,323 | ) |  | (1,239 | ) |  | (2,020 | )
Total deferred | $ | (6,474 | ) |  | $ | (351 | ) |  | $ | (6,849 | )
Provision for income taxes | $ | 15,842 |  |  | $ | 53,820 |  |  | $ | 9,271 |
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,
| 2016 |  | 2015
| (In thousands)
Assets: |  |  |
Doubtful accounts | $ | 2,344 |  |  | $ | 1,943 |
Inventory related items | 30,074 |  |  | 24,417 |
Tax credits | 1,040 |  |  | 3,137 |
Accrued vacation | 3,264 |  |  | 2,713 |
Accrued bonus | 7,842 |  |  | 7,555 |
Stock compensation | 16,031 |  |  | 16,222 |
Deferred revenue | 2,345 |  |  | 767 |
Net operating loss carryforwards | 14,855 |  |  | 17,548 |
Federal & state tax credits | — |  |  | 6,227 |
Others | 1,435 |  |  | 1,952 |
Total deferred tax assets | 79,230 |  |  | 82,481 |
Less valuation allowance | (3,604 | ) |  | (4,887 | )
Deferred tax assets after valuation allowance | $ | 75,626 |  |  | $ | 77,594 |
Liabilities: |  |  |
Intangible and fixed assets | (216,779 | ) |  | (225,328 | )
Others | (853 | ) |  | (225 | )
Total deferred tax liabilities | $ | (217,632 | ) |  | $ | (225,553 | )
Total net deferred tax liabilities | $ | (142,006 | ) |  | $ | (147,959 | )
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,
| 2016 |  | 2015 |  | 2014
| (In thousands)
Balance, beginning of year | $ | 1,085 |  |  | $ | 959 |  |  | $ | 3,040 |
Gross increases: |  |  |  |  |
Prior years' tax positions | 380 |  |  | 541 |  |  | 527 |
Gross decreases: |  |  |  |  |
Prior years' tax positions | (546 | ) |  | — |  |  | (286 | )
Settlements | — |  |  | — |  |  | (828 | )
Statute of limitations lapses | (131 | ) |  | (404 | ) |  | (1,494 | )
Other | (34 | ) |  | (11 | ) |  | — |
Balance, end of year | $ | 754 |  |  | $ | 1,085 |  |  | $ | 959 |

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