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Note 15 - Income Taxes
6 Months Ended
Jun. 30, 2013
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

15. Income Taxes


The Company calculates its interim income tax provision in accordance with ASC 740-270 —Income Taxes. At the end of each interim period, the Company estimates the annual effective tax rate and applies that rate to its ordinary quarterly earnings. The tax expense or benefit related to significant, unusual, or extraordinary items that will be separately reported or reported net of their related tax effect, is recognized in the interim period in which those items occur. The Company evaluates its ability to recover deferred tax assets, in full or in part, by considering all available positive and negative evidence, including past operating results and our forecast of future taxable income on a jurisdictional basis. The Company bases its estimate of current and deferred taxes on the tax laws and rates that are currently in effect in the appropriate jurisdiction. Changes in laws or rates may affect the tax provision as well as the amount of deferred tax assets or liabilities.


The Company's effective income tax rate for the three months ended June 30, 2013 and 2012 was -1.5% and 33.1%, respectively. The Company's effective income tax rate for the six months ended June 30, 2013 and 2012 was -1.1% and 27.6%, respectively. For the three months ended June 30, 2013 and 2012, the Company recorded a provision for income taxes of $0.1 million and a benefit from income taxes of $1.0 million respectively. For the six months ended June 30, 2013 and 2012, the Company recorded a provision for income taxes of $0.1 million and a benefit from income taxes of $1.2 million, respectively. The provision for the three and six months ended June 30, 2013 represented income tax charges on intercompany transactions that are now recognized upon the sale of foreign subsidiary's asset to a third party during the second quarter and minimum taxes because of the Company’s full valuation allowance against the deferred tax assets. In 2012, the rate was driven by the Company's forecasted annual results in certain jurisdictions that had been profitable and/or were expected to be profitable.                                                                 


The Company and its subsidiaries did not have any unrecognized tax benefits or liabilities as of June 30, 2013 and December 31, 2012. The Company does not anticipate that its unrecognized tax benefits or liability position will change significantly over the next twelve months.