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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense (benefit) for the years ended December 31, 2012, 2011, and 2010 attributable to income (loss) from operations is presented below.

	Current				Deferred				Total
Year ended December 31, 2012
Federal	$	715			$	2,036			$	2,751
State	146				254				400
Foreign	248				(137		)		111
	$	1,109			$	2,153			$	3,262
Year ended December 31, 2011
Federal	$	(16	)		$	120			$	104
State	179				(955		)		(776		)
Foreign	212				(24		)		188
	$	375			$	(859	)		$	(484	)
Year ended December 31, 2010
Federal	$	217			$	(2,142	)		$	(1,925	)
State	136				(998		)		(862		)
Foreign	154				21				175
	$	507			$	(3,119	)		$	(2,612	)

Schedule of Effective Income Tax Rate Reconciliation

The actual income tax expense (benefit) differs from the “expected” income tax expense (benefit) computed by applying the United States Federal corporate income tax rate of 35% to income before tax expense (benefit) as follows:

	Year Ended December 31,
	2012				2011				2010
Computed “expected” tax expense	$	2,395			$	131			$	1,981
Decrease in income taxes resulting from:
State income tax expense, net of federal benefit	674				83				636
State research and development, investment credits	(301		)		(1,006		)		(342		)
Non-deductible expenses	116				101				268
Foreign tax rate differential	(27		)		(42		)		(28		)
Federal research and development credits	—				(351		)		(378		)
Adjustments to operating loss carry-forwards and other deferred taxes, net	(33		)		(44		)		(346		)
Stock-based compensation	(30		)		306				146
Change in valuation allowance	468				338				(4,549		)
Net income tax expense (benefit)	$	3,262			$	(484	)		$	(2,612	)

Schedule of Income before Income Tax, Domestic and Foreign

The components of results of income from operations before income tax expense (benefit) determined by tax jurisdiction, are as follows:

	Year Ended December 31,
	2012				2011				2010
United States	$	7,917			$	971			$	5,458
Denmark	(295		)		(161		)		390
Norway	570				726				61
Brazil	(1,375		)		(1,210		)		(260		)
Singapore	25				49				12
Japan	1				—				—
Total	$	6,843			$	375			$	5,661

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities as of the dates presented are as follows:

	December 31,
	2012				2011
Deferred tax assets:
Accounts receivable, due to allowance for doubtful accounts	$	313			$	355
Inventories	289				283
Operating loss carry-forwards	1,011				2,674
Stock-based compensation expense	1,194				1,197
Intangible assets due to differences in amortization	74				56
Research and development, alternative minimum tax credit carry-forwards	3,507				3,838
Foreign tax credit carry-forwards	1,111				1,146
State tax credit carry-forwards	2,228				2,415
Accrued expenses	688				741
Gross deferred tax assets	10,415				12,705
Less valuation allowance	(2,136		)		(2,576		)
Total deferred tax assets	8,279				10,129
Deferred tax liabilities:
Purchased intangible assets	(433		)		(543		)
Property and equipment, due to differences in depreciation	(3,176		)		(2,900		)
Total deferred tax liabilities	(3,609		)		(3,443		)
Net deferred tax assets	$	4,670			$	6,686
Net deferred tax asset—current	$	1,146			$	1,281
Net deferred tax asset—noncurrent	$	3,524			$	5,405

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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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

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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

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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.

+ 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

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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