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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2014
Income Tax Disclosure [Abstract]  
Schedule Provision For Income Taxes [Table Text Block]
The provision for income taxes was calculated as follows (figures are in thousands of USD):
 
 
 
Year Ended December 31,
 
 
 
2014
 
2013
 
 
 
 
 
 
 
 
 
Tax rate
 
 
35
%
 
35
%
Income before income taxes
 
$
46,081
 
$
38,241
 
Income tax at federal statutory tax rate
 
 
16,128
 
 
13,384
 
Tax benefit of double-deductible R&D expense
 
 
(2,871)
 
 
(2,793)
 
Effect of differences in foreign tax rate
 
 
(7,756)
 
 
(6,175)
 
Provision on valuation allowance for deferred income tax – U.S.
 
 
188
 
 
(178)
 
Provision on valuation allowance for deferred income tax – PRC
 
 
297
 
 
107
 
Other differences
 
 
799
 
 
1,138
 
Total income tax expense
 
$
6,785
 
$
5,483
 
Schedule Of Income Tax Exemption And Reduction [Table Text Block]
 
The combined effects of the income tax exemption and reduction available to the Company are as follows (figures are in thousands of USD unless otherwise indicated):
 
 
 
Year Ended December 31,
 
 
 
2014
 
2013
 
Tax holiday effect
 
$
7,756
 
$
6,175
 
Basic net income per share effect
 
 
0.27
 
 
0.22
 
Diluted net income per share effect
 
 
0.27
 
 
0.22