XML 59 R43.htm IDEA: XBRL DOCUMENT v3.3.1.900

TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2015

TAXES ON INCOME [Abstract]

Schedule of Reconciliation of Tax Provisions to the Domestic and Effective Tax Rate

		Year ended December 31,
		2015					2014					2013
Income before taxes on income as reported in the statements of income		$	5,256				$	2,525				$	5,247
Statutory tax rate in Israel			26.5		%			26.5		%			25%
Theoretical taxes on income		$	1,393				$	669				$	1,312
Increase (decrease) in taxes on income resulting from:
Tax adjustment for foreign subsidiaries subject to a different tax rate			224					457					453
Reduced tax rate on income derived from "Preferred Enterprises" plans			146					156					(255)
Change in enacted tax rates			-					-					34
Exempt income (Bargain purchase)			(1,281)					-					-
Valuation allowance			(75		)			(100		)			294
Tax in respect of prior years			(12		)			(44		)			(342)
Permanent differences			249					222					(455)
Taxes on income as reported in the statements of income		$	644				$	1,360				$	1,041

Schedule of Income (Loss) from Continuing Operations Before Income Tax Domestic and Foreign

		Year ended December 31,
		2015					2014					2013
Domestic (Israel)		$	3,840				$	(1,659		)		$	1,942
Foreign (United States)			1,416					4,184					3,305
		$	5,256				$	2,525				$	5,247

Schedule of Components of Income Tax Provision

		Year ended December 31,
		2015					2014					2013
Current:
Domestic (Israel)		$	225				$	(94		)		$	160
Foreign (United States)			452					237					334
			677					143					494
Deferred:
Domestic (Israel)			(170		)			(36		)			15
Foreign (United States)			149					1,297					874
			(21)					1,261					889
Previous years:
Domestic (Israel)			-					-					(209		)
Foreign (United States)			(12		)			(44		)			(133		)
			(12		)			(44		)			(342		)
		$	644				$	1,360				$	1,041

Schedule of Deferred Tax Assets and Liabilities

		December 31,
		2015					2014
Deferred tax assets (liabilities):
Provision for doubtful accounts		$	100				$	47
Unrealized gains			140					174
Provisions for employee benefits			300					259
Inventory			1,114					957
Goodwill and intangible assets			462					533
Property, plant and equipment			-					21
Provisions for employee benefits and other temporary differences			36					26
Tax credits carryforward			693					558
Capital and state tax losses carryforward			3,449					3,574
Net operating losses carryforward			553					373
Other			204					296
Deferred tax assets, before valuation allowance		$	7,051				$	6,818
Valuation allowance			(3,449		)			(3,574)
Deferred tax assets, net		$	3,602				$	3,244
Property, plant and equipment and intangible assets			(2,473		)			(1,735)
Other temporary differences deferred tax liabilities			(501		)			(630)
Deferred tax liabilities		$	(2,974		)		$	(2,365)
Net			628					879

Schedule of changes in valuation allowance for deferred tax assets

Balance, December 31, 2012			1,823
Addition charged to expenses			1,483
Balance, December 31, 2013			3,306
Addition charged to expenses			268
Balance, December 31,2014			3,574
Deductions charged to expenses			(125	)
Balance, December 31,2015		$	3,449

X

- Definition

Tabular disclosure of changes in deferred tax assets valuation allowance.

+ References

No definition available.

+ Details

Name:	tatt_DeferredTaxAssetsChangeInValuationAllowanceTableTextBlock
Namespace Prefix:	tatt_
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://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

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://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

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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&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://www.xbrl.org/2003/role/presentationRef
-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=26873400&loc=d3e23780-122690

+ Details

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