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Income Taxes (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2012
Income Taxes |
Schedule of income (loss) before income taxes |
|  | Years Ended August 31, |
--- | --- | --- | ---
|  | 2012 |  | 2011 |  | 2010 |
U.S. operations |  | $ | (17,361 | ) | $ | (5,342 | ) | $ | (625 | )
Foreign operations |  |  | (32,588 | ) |  | (10,071 | ) |  | 11,720 |
Income (loss) before income taxes |  | $ | (49,949 | ) | $ | (15,413 | ) | $ | 11,095 |
Schedule of income tax expense |
|  | Years Ended August 31, |
--- | --- | --- | ---
|  | 2012 |  | 2011 |  | 2010 |
Current: |  |  |  |  |  |  |  |  |  |
U.S. federal |  | $ | — |  | $ | — |  | $ | — |
U.S. state |  |  | — |  |  | — |  |  | — |
Foreign |  |  |  |  |  | 38 |  |  | 851 |
Total current |  | $ | — |  | $ | 38 |  | $ | 851 |
Deferred: |  |  |  |  |  |  |  |  |  |
U.S. federal |  |  | — |  |  | — |  | $ | — |
U.S. state |  |  | — |  |  | — |  |  | — |
Foreign |  |  | — |  |  | 687 |  |  | (584 | )
Total deferred |  | $ | — |  | $ | 687 |  |  | (584 | )
Total income tax expense |  | $ | — |  | $ | 725 |  | $ | 267 |
Schedule of income tax expense differed from the amounts computed by applying the statutory U.S. federal income tax rate to pretax income (loss) |
|  | Years Ended August 31, |
--- | --- | --- | ---
|  | 2012 |  | 2011 |  | 2010 |
Computed "expected" income tax expense (benefit) |  | $ | (16,983 | ) | $ | (5,240 | ) | $ | 3,772 |
State tax—net of federal benefit |  |  | — |  |  | — |  |  | — |
Foreign tax rate differential |  |  | 2,487 |  |  | 586 |  |  | (1,920 | )
Decrease (increase) in investment credits |  |  | — |  |  | (1,907 | ) |  | 43 |
Valuation allowance |  |  | 14,089 |  |  | 7,179 |  |  | (1,628 | )
Other |  |  | 407 |  |  | 107 |  |  | — |
Income tax expense |  | $ | — |  | $ | 725 |  | $ | 267 |
Schedule of net deferred tax assets (liabilities) |
|  | August 31, 2012 |  | August 31, 2011 |
--- | --- | --- | --- | --- | ---
Deferred tax assets: |  |  |  |  |  |  |
Inventories, primarily due to inventory obsolescence and lower of cost or market provisions |  | $ | 1,810 |  | $ | 1,303 |
Income tax credits |  |  | 1,912 |  |  | 2,962 |
Allowance for doubtful accounts |  |  | 362 |  |  | 236 |
Accruals and other |  |  | 171 |  |  | 134 |
Property, plant and equipment |  |  | 1,292 |  |  | 12 |
Stock-based compensation |  |  | 651 |  |  | 405 |
Foreign investment loss |  |  | 5,506 |  |  | 942 |
Net operating loss carryforwards |  |  | 11,522 |  |  | 3,633 |
Total gross deferred tax assets |  |  | 23,226 |  |  | 9,627 |
Less: Valuation allowance |  |  | (22,474 | ) |  | (9,346 | )
Deferred tax assets, net of valuation allowance |  | $ | 752 |  | $ | 281 |
Deferred tax liabilities: |  |  |  |  |  |  |
Property, plant and equipment |  | $ | (25 | ) | $ | (46 | )
Intangible assets |  |  | (180 | ) |  | (233 | )
Accruals and other |  |  | (547 | ) |  | (2 | )
Total gross deferred tax liabilities |  |  | (752 | ) |  | (281 | )
Net deferred tax assets |  | $ | — |  | $ | — |
Schedule of unused net operating loss carryforwards and income tax credits |
|  | August 31, 2012 |  | Expiration Year |
--- | --- | --- | --- | --- | ---
U.S. federal net operating loss carryforwards |  | $ | 6,976 |  |  | 2025 - 2032 |
U.S. state net operating loss carryforwards |  |  | 489 |  |  | 2017 - 2024 |
Foreign net operating loss carryforwards (expiring over the next 5 years) |  |  | 2,224 |  |  | 2013 - 2017 |
Foreign net operating loss carryforwards (expiring in more than 5 years) |  |  | 26,665 |  |  | 2018 - 2023 |
Foreign income tax credit carryovers |  |  | 1,912 |  |  | 2013 - 2015 |
Total unused net operating loss carryforwards and income tax credits |  | $ | 38,266 |  |  |  |
Schedule of reconciliation of the beginning and ending balances of unrecognized tax benefits |
|  | Years Ended August 31, |
--- | --- | --- | ---
|  | 2012 |  | 2011 |  | 2010 |
Unrecognized benefit—beginning of year |  | $ | 330 |  | $ | 252 |  | $ | 119 |
Gross increases—current year tax positions |  |  | — |  |  | — |  |  | 89 |
Gross increases—prior years tax positions |  |  | — |  |  | 78 |  |  | 44 |
Settlements of prior years tax positions |  |  | (185 | ) |  | — |  |  | — |
Unrecognized benefit—end of year |  | $ | 145 |  | $ | 330 |  | $ | 252 |

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- 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
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