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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Components Of Deferred Income Tax Liabilities And Assets
The significant components of our deferred income tax liabilities and assets were as follows (in thousands):
 
December 31,
 
2019
 
2018
Deferred income tax (liabilities):
 
 
 
Accrued expenses
$
(971
)
 
$
—

Bad Debt
(260
)
 
—

Fixed Assets
(14,044
)
 
(6,343
)
Intangible Assets
(54,032
)
 
(73,558
)
Inventory
(1,121
)
 
—

Other
(697
)
 
151

Pension
(210
)
 
—

Total deferred income tax liabilities
(71,335
)
 
(79,750
)
Deferred income tax assets:
 
 
 
Accrued expenses
5,202

 
15,153

Bad Debt
2,247

 
(2,069
)
Equity Compensation
3,373

 
4,760

Intangible Assets
4

 
—

Inventory
7,439

 
4,696

Other
11,510

 
307

Net operating loss and credit carry-forward
23,124

 
26,298

Pension
32,901

 
29,400

Interest
9,836

 
5,067

Total deferred income tax assets
95,636

 
83,612

Valuation allowance
(14,303
)
 
(17,562
)
Deferred income tax asset, net of valuation allowance
81,333

 
66,050

Deferred income tax (liability)/asset, net
$
9,998

 
$
(13,700
)
Components Of Pre-Tax Income (Loss)
The (benefit from) provision for income taxes is based on the following pre-tax income (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Domestic
$
(45,209
)
 
$
(71,059
)
 
$
(4,406
)
Foreign
35,117

 
47,163

 
8,046

(Loss) income before income taxes
$
(10,092
)
 
$
(23,896
)
 
$
3,640
Provision (Benefit) For Income Taxes
The provision for income taxes consisted of the following (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Current provision:
 
 
 
 
 
Federal - U.S.
$
—

 
$
—

 
$
(447
)
Foreign
17,522

 
11,583

 
4,586

State -U.S.
594

 
235

 
442

Total current
$
18,116

 
$
11,818

 
$
4,581

Deferred provision (benefit):
 
 
 
 
 
Federal - U.S.
$
8,414

 
$
621

 
$
(6,764
)
Foreign
(11,768
)
 
(1,323
)
 
(4,640
)
State -U.S.
(86
)
 
(1,665
)
 
(388
)
Total (benefit) deferred
(3,440
)
 
(2,367
)
 
(11,792
)
Total (benefit) provision for income taxes
$
14,676

 
$
9,451

 
$
(7,211
)
Reconciliation Of Effective Income Tax Rate
Actual income taxes reported from operations were different from those that would have been computed by applying the federal statutory tax rate to income before income taxes. The expense for income taxes differed from the U.S. statutory rate due to the following:
 
Year Ended December 31,
 
2019
 
2018
 
2017
Expected federal income tax rate
21.0
 %
 
21.0
 %
 
35.0
 %
State income taxes, net of federal tax benefit
15.5

 
3.8

 
(5.7
)
US permanent differences
(1.6
)
 
(1.0
)
 
22.7

Foreign tax rate differential and credits
(26.0
)
 
(7.6
)
 
(66.4
)
Unbenefited foreign losses
(0.5
)
 
(5.5
)
 
—

Tax reserve
(0.3
)
 
1.3

 
(27.0
)
Rate Change
5.9

 
—

 
(13.9
)
GILTI
(3.9
)
 
(20.7
)
 
—

Intercompany financing
30.4

 
12.7

 
(17.8
)
Foreign tax credit writeoff
—

 
(45.6
)
 
—

Foreign-derived intangible income ("FDII")
10.7

 
0.1

 
—

Prior period adjustment
44.1

 
4.3

 
(0.6
)
Dispositions
(227.0
)
 
—

 
4.7

Other, net
(16.0
)
 
(0.8
)
 
3.9

Equity compensation
(10.8
)
 
(4.2
)
 
(2.7
)
Release of contingent consideration
—

 
—

 
(113.9
)
Research and development
13.1

 
2.7

 
(14.0
)
Effective tax rate
(145.4
)%
 
(39.5
)%
 
(195.7
)%
Summary of Valuation Allowance
The following table provides a summary of the changes in the deferred tax valuation allowance for the years ended December 31, 2019, 2018, and 2017 (in thousands):
 
December 31,
 
2019
 
2018
 
2017
Deferred tax valuation allowance at January 1
$
17,562

 
$
22,067

 
$
3,028

     Additions
—

 
10,960

 
712

     Acquired
150

 
(15,431
)
 
18,494

     Deductions
(2,838
)
 
(34
)
 
(167
)
Reclass to assets available for sale
(571
)
 
—

 
—

Deferred tax valuation allowance at December 31
$
14,303

 
$
17,562

 
$
22,067
Reconciliation Of Total Gross Unrecognized Tax Benefits
 
December 31,
 
2019
 
2018
 
2017
Balance beginning January 1
$
593

 
$
3,014

 
$
3,000

Additions/(reductions) for tax positions of prior years
—

 
(460
)
 
(7
)
Additions/(reductions) based on tax positions related to current year
37

 
(340
)
 
(65
)
Acquired uncertain tax position balance
—

 
(512
)
 
1,221

Settlements
—

 
(1,103
)
 
(338
)
Lapse of statute of limitations
—

 
(6
)
 
(978
)
Currency movement
—

 
—

 
181

Balance ending December 31
$
630

 
$
593

 
$
3,014