Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Schedule Of Income Before Income Taxes

Income before income taxes consisted of the following:

	Year ended December 31,
	2012		2011		2010
	(In thousands)
Domestic	$	65,271	$	45,159	$	70,702
Foreign		96,851		84,845		68,201
Total	$	162,122	$	130,004	$	138,903

Schedule Of Income Tax Provision (Benefit)

The income tax provision (benefit) consists of the following:

	Year ended December 31,
	2012			2011			2010
	(In thousands)
Current:
Federal	$	20,033		$	13,127		$	25,122
Foreign		22,542			23,122			13,488
Total current		42,575			36,249			38,610
Deferred:
Federal		440			(891	)		(3,232	)
Foreign		(102	)		(621	)		1,299
Total deferred		338			(1,512	)		(1,933	)
Total	$	42,913		$	34,737		$	36,677

Schedule Of Effective Income Tax Rate Reflected In Provision For Income Taxes And U.S. Federal Statutory Rate

The difference between the effective income tax rate reflected in the provision for income taxes and the U.S. federal statutory rate was as follows:

	Year ended December 31,
	2012			2011			2010
Federal income tax statutory rate		35.0	%		35.0	%		35.0	%
Foreign income tax rate differential		(5.5	)		(5.2	)		(5.7	)
Foreign development tax incentive		(1.6	)		(0.3	)		(0.8	)
Manufacturing benefit		(1.2	)		(1.3	)		(1.4	)
Other		(0.3	)		(1.5	)		(0.7	)
Effective income tax rate		26.4	%		26.7	%		26.4	%

Components Of Deferred Tax Assets And Liabilities

Significant components of the Company’s deferred tax assets and liabilities are as follows:

	December 31,
	2012			2011
	(In thousands)
Deferred tax assets:
Inventory	$	9,846		$	8,548
Inventory reserve		7,079			6,541
Allowance for doubtful accounts		430			72
Reserve for accrued liabilities		183			805
Stock options		4,242			5,054
Other		2,058			2,848
Total deferred tax assets		23,838			23,868
Deferred tax liability:
Property, plant and equipment		(9,926	)		(9,614	)
Net deferred tax asset	$	13,912		$	14,254