XML 81 R34.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | Income tax expense (benefit) for the years ended December 31, 2013, 2012, and 2011 attributable to income (loss) from operations is presented below.
| Current |  | Deferred |  | Total
Year ended December 31, 2013 |  |  |  |  |
Federal | $ | 1,793 |  |  | $ | (497 | ) |  | $ | 1,296 |
State | 242 |  |  | (52 | ) |  | 190 |
Foreign | 901 |  |  | (237 | ) |  | 664 |
| $ | 2,936 |  |  | $ | (786 | ) |  | $ | 2,150 |
Year ended December 31, 2012 |  |  |  |  |
Federal | $ | 715 |  |  | $ | 2,036 |  |  | $ | 2,751 |
State | 146 |  |  | 254 |  |  | 400 |
Foreign | 249 |  |  | (137 | ) |  | 112 |
| $ | 1,110 |  |  | $ | 2,153 |  |  | $ | 3,263 |
Year ended December 31, 2011 |  |  |  |  |
Federal | $ | (16 | ) |  | $ | 120 |  |  | $ | 104 |
State | 179 |  |  | (955 | ) |  | (776 | )
Foreign | 212 |  |  | (24 | ) |  | 188 |
| $ | 375 |  |  | $ | (859 | ) |  | $ | (484 | )
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,
| 2013 |  | 2012 |  | 2011
Computed “expected” tax expense | $ | 2,339 |  |  | $ | 2,395 |  |  | $ | 131 |
Decrease in income taxes resulting from: |  |  |  |  |
State income tax expense, net of federal benefit | 336 |  |  | 674 |  |  | 83 |
State research and development, investment credits | (309 | ) |  | (301 | ) |  | (1,006 | )
Non-deductible expenses | 255 |  |  | 117 |  |  | 101 |
Foreign tax rate differential | (208 | ) |  | (27 | ) |  | (42 | )
Federal research and development credits | (746 | ) |  | — |  |  | (351 | )
Adjustments to operating loss carry-forwards and other deferred taxes, net | (8 | ) |  | (33 | ) |  | (44 | )
Stock-based compensation | — |  |  | (30 | ) |  | 306 |
Change in valuation allowance | 491 |  |  | 468 |  |  | 338 |
Net income tax expense (benefit) | $ | 2,150 |  |  | $ | 3,263 |  |  | $ | (484 | )
Schedule of Income before Income Tax, Domestic and Foreign | The components of results of income before income tax expense (benefit) determined by tax jurisdiction, are as follows:
| Year Ended December 31,
| 2013 |  | 2012 |  | 2011
United States | $ | 5,500 |  |  | $ | 7,917 |  |  | $ | 971 |
UK | (343 | ) |  | — |  |  | — |
Denmark | 1,487 |  |  | (295 | ) |  | (161 | )
Cyprus | 686 |  |  | — |  |  | — |
Norway | 392 |  |  | 570 |  |  | 727 |
Brazil | (1,167 | ) |  | (1,375 | ) |  | (1,210 | )
Singapore | 48 |  |  | 25 |  |  | 49 |
Belgium | 44 |  |  | — |  |  | — |
Japan | 32 |  |  | 1 |  |  | — |
Netherlands | 4 |  |  | — |  |  | — |
Total | $ | 6,683 |  |  | $ | 6,843 |  |  | $ | 376 |
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,
| 2013 |  | 2012
Deferred tax assets: |  |  |
Accounts receivable, due to allowance for doubtful accounts | $ | 641 |  |  | $ | 313 |
Inventories | 436 |  |  | 289 |
Operating loss carry-forwards | 1,392 |  |  | 1,011 |
Stock-based compensation expense | 1,515 |  |  | 1,194 |
Intangible assets due to differences in amortization | — |  |  | 74 |
Research and development, alternative minimum tax credit carry-forwards | 2,600 |  |  | 3,507 |
Foreign tax credit carry-forwards | 1,442 |  |  | 1,111 |
State tax credit carry-forwards | 2,094 |  |  | 2,228 |
Accrued expenses | 722 |  |  | 688 |
Gross deferred tax assets | 10,842 |  |  | 10,415 |
Less valuation allowance | (2,700 | ) |  | (2,136 | )
Total deferred tax assets | 8,142 |  |  | 8,279 |
Deferred tax liabilities: |  |  |
Purchased intangible assets | (3,129 | ) |  | (433 | )
Property and equipment, due to differences in depreciation | (2,548 | ) |  | (3,176 | )
Other | (30 | ) |  | — |
Total deferred tax liabilities | (5,707 | ) |  | (3,609 | )
Net deferred tax assets | $ | 2,435 |  |  | $ | 4,670 |
Net deferred tax asset—current | $ | 3,060 |  |  | $ | 1,146 |
Net deferred tax asset—noncurrent | $ | — |  |  | $ | 3,524 |
Net deferred tax liability—noncurrent | $ | (625 | ) |  | $ | — |

X
- 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 No definition available. + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration