XML 48 R31.htm IDEA: XBRL DOCUMENT v3.21.2

Income Taxes (Tables)

9 Months Ended

Sep. 30, 2021

Income Tax Disclosure [Abstract]

Schedule Of Effective Income Tax Rate For Continuing Operations

The significant differences between the U.S. federal statutory rate and the effective income tax rate for the nine months ended September 30, 2021 and 2020 are as follows:

(In thousands, except percentages)			2021												2020
Nine Months Ended September 30,			Amount						%						Amount						%
Income tax (benefit) expense at federal statutory rate			$	9,934					21.0		%				$	(6,639)					21.0		%
Foreign rate differences			4,787						10.1		%				2,772						(8.8)		%
U.S. Tax on Foreign Branch Income			4,124						8.7		%				656						(2.1)		%
State taxes, net of federal income tax benefit			829						1.8		%				(537)						1.7		%
Stock-based compensation			616						1.3		%				240						(0.8)		%
Non-deductible expenses			544						1.2		%				312						(1.0)		%
Valuation allowance for capital loss carry-forwards			74						0.2		%				61						(0.2)		%
Unremitted earnings from foreign operations			117						0.2		%				—						—		%
Tax contingency accruals and tax settlements			—						—		%				(148)						0.5		%
Tax impact of dividend received			(33)						(0.1)		%				—						—		%
Changes in estimates related to prior year tax provision			(501)						(1.1)		%				(1,001)						3.2		%
Research and development tax credit			(925)						(2.0)		%				(612)						1.9		%
Foreign tax incentives			(8,838)						(18.7)		%				(3,412)						10.8		%
Income tax expense (benefit) at effective income tax rate			$	10,728					22.7		%				$	(8,308)					26.2		%

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 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

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