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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | For financial reporting purposes, income before taxes includes the following components (in thousands):
| Years ended December 31,
| 2018 |  | 2017 |  | 2016
Domestic | $ | (7,897 | ) |  | $ | (3,552 | ) |  | $ | (5,285 | )
Foreign | 41,886 |  |  | 24,115 |  |  | 14,892 |
| $ | 33,989 |  |  | $ | 20,563 |  |  | $ | 9,607 |
Schedule of Components of Income Tax Expense (Benefit) | The expense (benefit) for income taxes is comprised of (in thousands):
| Years ended December 31,
| 2018 |  | 2017 |  | 2016
Current: |  |  |  |  |
Federal | $ | 189 |  |  | $ | (425 | ) |  | $ | (18 | )
State and local | 162 |  |  | 89 |  |  | 30 |
Foreign | 8,982 |  |  | 4,615 |  |  | 2,886 |
| 9,333 |  |  | 4,279 |  |  | 2,898 |
Deferred: |  |  |  |  |
Federal | 197 |  |  | (257 | ) |  | (1,176 | )
State and local | (35 | ) |  | (1 | ) |  | (9 | )
Foreign | 849 |  |  | 2,148 |  |  | 1,486 |
| 1,011 |  |  | 1,890 |  |  | 301 |
Total income tax expense | $ | 10,344 |  |  | $ | 6,169 |  |  | $ | 3,199 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of income tax expense (benefit) at the U.S. federal statutory income tax rate to the actual income tax provision is as follows (in thousands):
| Years ended December 31,
| 2018 |  | 2017 |  | 2016
Tax at statutory rate | $ | 7,138 |  |  | $ | 7,197 |  |  | $ | 3,362 |
State income taxes, net of U.S. federal tax benefit | 89 |  |  | 93 |  |  | (15 | )
Effect of foreign operations | 611 |  |  | (1,137 | ) |  | (1,418 | )
Change in valuation allowance | 498 |  |  | (397 | ) |  | 1,266 |
Change in unrecognized tax benefits, net | 258 |  |  | 105 |  |  | (899 | )
Impairment of goodwill | 525 |  |  | — |  |  | — |
Specialty tax credits | (295 | ) |  | (139 | ) |  | (78 | )
Statutory rate changes | 272 |  |  | (470 | ) |  | (180 | )
Effect of foreign exchange | 321 |  |  | (1,292 | ) |  | 88 |
Prior period deferred tax adjustments | — |  |  | — |  |  | 817 |
2017 Tax Act: |  |  |  |  |  |  |  |
Effects of U.S. tax reform | (135 | ) |  | 11,311 |  |  | — |
Change in valuation allowance | 945 |  |  | (9,093 | ) |  | — |
Other | 117 |  |  | (9 | ) |  | 256 |
Total income tax expense | $ | 10,344 |  |  | $ | 6,169 |  |  | $ | 3,199 |
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands):
| December 31,
| 2018 |  | 2017
Deferred tax assets: |  |  |
Pension and other postretirement costs | $ | 3,600 |  |  | $ | 4,295 |
Inventories | 2,103 |  |  | 1,800 |
Net operating/capital loss carryforwards | 9,536 |  |  | 9,523 |
Tax credit carryforwards | 748 |  |  | — |
Deferred compensation | 2,009 |  |  | 2,142 |
Other accruals and reserves | 3,547 |  |  | 3,192 |
Book over tax depreciation | 12 |  |  | — |
Total gross deferred tax assets | 21,555 |  |  | 20,952 |
Less: valuation allowance | (14,455 | ) |  | (12,434 | )
| 7,100 |  |  | 8,518 |
Deferred tax liabilities: |  |  |
Tax over book depreciation | — |  |  | (125 | )
Investment in subsidiary | (1,983 | ) |  | (2,214 | )
Intangible assets, including tax deductible goodwill | (884 | ) |  | (713 | )
Total gross deferred tax liabilities | (2,867 | ) |  | (3,052 | )
Net deferred tax assets | $ | 4,233 |  |  | $ | 5,466 |
Summary of Valuation Allowance | Significant valuation allowances are as follows (in thousands):
| December 31,
Jurisdiction | 2018 |  | 2017
U.S. federal | $ | 4,240 |  |  | $ | 3,040 |
U.S. state (net of U.S. federal tax benefit) | 8,057 |  |  | 7,092 |
Israel - capital losses | 1,457 |  |  | 1,622 |
Summary of Operating Loss Carryforwards | The following table summarizes significant net operating losses and credit carryforwards as of December 31, 2018 (in thousands):
| December 31, |  |
Jurisdiction | 2018 |  | Expiring
U.S. foreign tax credit | 748 |  |  | 2024-2028
U.S state net operating losses | 85,137 |  |  | 2022-2038
Israel net operating losses | 3,202 |  |  | No expiration
Summary of Income Tax Contingencies | The following table summarizes changes in the Company's gross liabilities, excluding interest and penalties, associated with unrecognized tax benefits (in thousands):
| December 31,
| 2018 |  | 2017 |  | 2016
Balance at beginning of year | $ | 823 |  |  | $ | 772 |  |  | $ | 1,506 |
Addition based on tax positions related to current year | 189 |  |  | 163 |  |  | 63 |
Addition based on tax positions related to prior years | 182 |  |  | — |  |  | 66 |
Reduction based on tax positions related to prior years | (98 | ) |  | (12 | ) |  | — |
Addition related to acquired company | — |  |  | — |  |  | 297 |
Currency translation adjustments | (28 | ) |  | 14 |  |  | 16 |
Reduction for settled tax examinations | — |  |  | — |  |  | (906 | )
Reduction for lapses of statute of limitations | (156 | ) |  | (114 | ) |  | (270 | )
Balance before indemnification receivable | 912 |  |  | 823 |  |  | 772 |
Receivable from Vishay Intertechnology for indemnification | — |  |  | (12 | ) |  | (57 | )
Balance at end of year | $ | 912 |  |  | $ | 811 |  |  | $ | 715 |

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