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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Provision for income taxes reflected in the accompanying consolidated statements of operations are comprised of the following (in thousands):

		Year ended December 31,
		2022				2021				2020
Federal		$	11,293			$	1			$	(212	)
State and local			2,031				43				134
Foreign			3,523				254				704
Total Current			16,847				298				626
Deferred			(57,855	)			(72	)			109
Total		$	(41,008	)		$	226			$	735

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of deferred tax assets/(liabilities) are as follows (in thousands):

		December 31,
		2022				2021
Net deferred tax assets/(liabilities):
Reserve for sales allowances and possible losses		$	469			$	356
Accrued expenses			3,884				2,998
Prepaid royalties			599				1,298
Accrued royalties			465				1,731
Inventory			9,574				9,313
State income taxes			420				17
Property and equipment			1,701				1,832
Goodwill and intangibles			2,412				4,266
Share-based compensation			738				593
Interest limitation			2,256				3,595
Undistributed foreign earnings			(479	)			(2,919	)
Operating lease right-of-use assets			(3,989	)			(4,117	)
Operating lease liabilities			4,120				4,518
Federal and state net operating loss carryforwards			31,263				42,731
Credit carryforwards			110				110
Research & development capitalization			3,792				-
Other			1,195				902
Gross			58,530				67,224
Valuation allowance			(726	)			(67,275	)
Total net deferred tax assets (liabilities)		$	57,804			$	(51	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Provision for income taxes varies from the U.S. federal statutory rate. The following reconciliation shows the significant differences in the tax at statutory and effective rates:

		Year ended December 31,
		2022				2021				2020
Federal income tax expense			21.0	%			21.0	%			21.0	%
State income tax expense, net of federal tax effect			1.9				3.3				7.7
Effect of differences in U.S. and foreign statutory rates			(1.3	)			(0.5	)			1.2
Uncertain tax positions			5.0				7.0				3.4
Provision to return			21.2				6.3				(3.8	)
Change in tax rate			6.9				6.5				4.4
Foreign derived intangible income			(10.6	)			0.0				0.0
Non-deductible expenses			8.9				(68.7	)			(26.2	)
PPP Loan			0.0				29.1				0.0
Foreign tax credit			(3.6	)			0.0				0.0
Unrealized Loss			0.3				(138.9	)			(10.0	)
Undistributed foreign earnings			(1.4	)			(8.7	)			(3.3	)
Valuation allowance			(130.2	)			139.6				0.1
			(81.9	)%			(4.0	)%			(5.5	)%

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The components of income (loss) before provision for income taxes are as follows (in thousands):

		Year ended December 31,
		2022				2021				2020
Domestic		$	31,588			$	(7,881	)		$	(18,748	)
Foreign			18,487				2,219				5,339
		$	50,075			$	(5,662	)		$	(13,409	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The following table provides further information of UTPs that would affect the effective tax rate, if recognized, as of December 31, 2022 (in millions):

Balance, December 31, 2019		$	1.6
Settlements			(0.6	)
Balance, December 31, 2020			1.0
Settlements			(0.8	)
Balance, December 31, 2021			0.2
Additions based on tax positions related to the current year			0.1
Additions for tax positions of prior years			2.8
Settlements			(0.2	)
Balance, December 31, 2022		$	2.9

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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.

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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.

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