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Note 10 - Income Taxes
 6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Income Tax Disclosure [Text Block]
10.
Income Taxes
 
The Company’s forecasted effective tax benefit rate at
June 30, 2018
is
26.8%,
a
16%
increase from the
10.8%
effective tax rate recorded at
December 31, 2017.
The
16%
increase is primarily due to the enactment in
2017
of the Tax Cuts and Jobs act, which resulted in a lower corporate tax rate and a revaluation of the Company's net deferred tax assets. The forecasted effective tax benefit rate of
26.8%
excludes jurisdictions for which
no
benefit from forecasted current year losses is anticipated. Including losses from such jurisdictions results in a forecasted effective tax benefit rate of
26.0%.
Our forecasted effective tax rate could fluctuate significantly on a quarterly basis and could change, to the extent that earnings in countries with tax rates that differ from that of the U.S. differ from amounts anticipated at
June 30, 2018.
 
After a discrete tax expense of
$64,
the effective tax benefit rate for the quarter ended
June 30, 2018
is
24.9%.
The discrete tax expense of
$64
is primarily attributable to changes in income tax reserves related to an income tax audit in Hong Kong.