XML 109 R90.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes, Deferred Tax Asset Valuation Adjustments (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Valuation Allowance [Roll Forward]      
Recognition of valuation allowance on foreign tax credit carryforwards $ 27,200 $ 52,000  
Deferred Tax Asset Valuation Allowance [Member]      
Valuation Allowance [Roll Forward]      
Beginning balance 56,906 9,137 $ 49,271
Additions charged to cost and expenses 27,902 [1] 53,983 [2] 692
Decreases (16,215) [3] (6,400) [4] (40,442) [5]
Adjustments [6] 104 186 (384)
Ending balance $ 68,697 $ 56,906 $ 9,137
[1] Increase in valuation is due primarily to $27.2 million that was recorded on the foreign tax credit carryforward. The additional amount is due to research and development credits, interest expense limitation (163(j)), and net operating losses in foreign markets.
[2] Increase in valuation is due primarily to the $52.0 million that was recorded on the foreign tax credit carryforward. The additional amount is due to net operating losses in foreign markets
[3] The decrease was due primarily to the utilization of foreign tax credits, the conversion of foreign tax credits to NOL's at the filing of the US 2017 Income Tax return (note NOL's were absorbed in 2018 due to GILTI inclusion), utilization, and expiration of foreign NOL's.
[4] Decrease is due primarily to the write-off of Brazil deferred tax assets, which had no impact to the income statement, as a valuation allowance had been previously recorded against the asset.
[5] Decrease in valuation allowance due to lapse in statute of limitation of the net operating losses carryforward and due to the write off of Venezuelan deferred tax assets, which had no impact to the income statement.
[6] Represents the net currency effects of translating valuation allowances at current rates of exchange.