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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2018
INCOME TAXES |
Schedule of provision for income taxes based on income before income taxes | The provision for income taxes is based on income before income taxes as follows (in thousands):
|  | For the year ended
|  | December 31, |  | December 31, |  | December 31,
|  | 2018 |  | 2017 |  | 2016
Domestic |  | $ | 10,894 |  | $ | 8,076 |  | $ | 4,288
Foreign |  |  | 9,787 |  |  | 8,060 |  |  | 8,515
Income before income taxes |  | $ | 20,681 |  | $ | 16,136 |  | $ | 12,803
Schedule of components of the total provision for income taxes | Components of the total provision for income taxes are as follows (in thousands):
|  | For the year ended
|  | December 31, |  | December 31, |  | December 31,
|  | 2018 |  | 2017 |  | 2016
Current provision |  |  |  |  |  |  |  |  |
Domestic |  | $ | 1,663 |  | $ | 4,750 |  | $ | (70)
Foreign |  |  | 3,169 |  |  | 2,566 |  |  | 2,025
Total current provision |  |  | 4,832 |  |  | 7,316 |  |  | 1,955
Deferred provision |  |  |  |  |  |  |  |  |
Domestic |  |  | 675 |  |  | 925 |  |  | 1,438
Foreign |  |  | (751) |  |  | (141) |  |  | 332
Total deferred provision |  |  | (76) |  |  | 784 |  |  | 1,770
Provision for income taxes |  | $ | 4,756 |  | $ | 8,100 |  | $ | 3,725
Schedule of differences in the provision for income taxes from the amount determined by applying the federal statutory rate |
|  | For the year ended |
|  | December 31, |  | December 31, |  | December 31, |
|  | 2018 |  | 2017 |  | 2016 |
Tax provision, computed at statutory rate |  | 21.0 | % | 35.0 | % | 34.0 | %
State tax, net of federal impact |  | 3.0 | % | 3.6 | % | 4.6 | %
Change in valuation allowance |  | 2.8 | % | 1.9 | % | 0.9 | %
Effect of foreign tax rate differences |  | 3.4 | % | (4.2) | % | (6.5) | %
Permanent items, other |  | 0.8 | % | 0.2 | % | (0.4) | %
R&D Credit |  | (0.8) | % | (2.2) | % | (1.7) | %
Restricted Stock Awards |  | (2.3) | % | (2.6) | % | (2.7) | %
Effect of Tax Cuts and Jobs Act |  | (5.1) | % | 19.4 | % | 0.0 | %
Other |  | 0.2 | % | (0.9) | % | 0.9 | %
Provision for income taxes |  | 23.0 | % | 50.2 | % | 29.1 | %
Schedule of tax effects of significant temporary differences and credit and operating loss carryforwards that give rise to the net deferred tax assets and tax liabilities | The tax effects of significant temporary differences and credit and operating loss carryforwards that give rise to the net deferred tax assets and tax liabilities are as follows (in thousands):
|  | December 31, |  | December 31,
|  | 2018 |  | 2017
Noncurrent deferred tax assets: |  |  |  |  |  |
Employee benefit plans |  | $ | 1,983 |  | $ | 1,896
Net operating loss and tax credit carryforwards |  |  | 1,507 |  |  | 203
Allowances and other |  |  | 983 |  |  | 640
Other |  |  | 326 |  |  | 370
Total noncurrent deferred tax assets |  |  | 4,799 |  |  | 3,109
Valuation allowance |  |  | (1,003) |  |  | (50)
Net noncurrent deferred tax assets: |  | $ | 3,796 |  | $ | 3,059
Net noncurrent deferred tax liabilities: |  |  |  |  |  |
Property and Equipment |  | $ | 3,708 |  | $ | 3,001
Goodwill and Intangibles |  |  | 3,188 |  |  | 3,398
Other |  |  | 419 |  |  | 255
Total deferred tax liabilities |  | $ | 7,315 |  | $ | 6,654
Net deferred tax asset/(deferred tax liability) |  | $ | (3,519) |  | $ | (3,595)

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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://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
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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://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
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- 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
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