Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Pre-tax income (loss) consisted of the following for the years ended December 31 (in thousands):



	2016			2015		2014
Domestic	$	(13,928	)	$	16,819	$	6,820
Foreign	20,762			—		5,942
Total	$	6,834		$	16,819	$	12,762

Reconciliation of Income Taxes Computed at Statutory Rate

A reconciliation of income taxes computed at the statutory rates to the reported income tax provision for the years ended December 31 is as follows (in thousands):



	2016			2015			2014
Federal provision at statutory rate	$	2,392		$	5,887		$	4,466
U.S./foreign tax rate differential	(1,842		)	1			(991		)
Foreign non-deductible expenses	743			(479		)	1,556
Foreign tax provision	336			296			361
State taxes, net of federal benefit	(171		)	556			1,958
State tax rate change, net of federal benefit	541			32			(159		)
Change in uncertain tax positions	114			236			(150		)
Change in valuation allowance	(1,858		)	3,283			(2,538		)
Tax credits	(104		)	(283		)	(91		)
Share-based compensation	(108		)	459			377
Other	6			(230		)	342
Provision for income taxes	$	49		$	9,758		$	5,131

Provision (Benefit) for Income Taxes

The provision (benefit) for income taxes for the years ended December 31 is as follows (in thousands):



	2016									2015							2014
	Current Provision (Benefit)			Deferred Provision (Benefit)			Total Provision (Benefit)			Current Provision (Benefit)			Deferred Provision		Total Provision		Current Provision		Deferred Provision (Benefit)			Total Provision (Benefit)
Federal	$	(4	)	$	(1,801	)	$	(1,805	)	$	(153	)	$	6,077	$	5,924	$	26	$	4,799		$	4,825
State and local	(27		)	1,021			994			380			389		769		316		2,834			3,150
Foreign	2,605			(1,745		)	860			1,374			1,691		3,065		1,512		(4,356		)	(2,844		)
Total	$	2,574		$	(2,525	)	$	49		$	1,601		$	8,157	$	9,758	$	1,854	$	3,277		$	5,131

Summary of Deferred Income Taxes Assets and Liabilities

A summary of deferred income tax assets and liabilities as of December 31 is as follows (in thousands):



	2016			2015
Noncurrent deferred tax assets:
Amortization and fixed assets	$	4,109		$	5,270
Accounts receivable	815			706
Inventories	2,899			3,959
Pension obligations	4,623			5,268
Warranty obligations	2,519			3,608
Accrued benefits	1,060			1,370
Foreign exchange contracts	460			94
Restricted stock	145			153
Tax credits carryforwards	2,238			2,562
Net operating loss carryforwards	20,130			15,094
Other temporary differences not currently available for tax purposes	2,135			287
Total noncurrent assets	41,133			38,371
Valuation allowance	(12,546		)	(13,118		)
Net noncurrent deferred tax assets	$	28,587		$	25,253
Noncurrent deferred tax liabilities:
Amortization and fixed assets	$	(764	)	$	(1,158	)
Net operating loss carryforwards	2,178			2,121
Other temporary differences not currently available for tax purposes	(1,430		)	(796		)
Total noncurrent tax liabilities	(16		)	167
Valuation allowance	—			(1,286		)
Net noncurrent deferred tax liabilities	$	(16	)	$	(1,119	)
Total deferred tax asset	$	28,571		$	24,134

Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits (including interest and penalties) at December 31 is as follows (in thousands):



	2016			2015			2014
Balance — Beginning of the year	$	489		$	27		$	189
Gross increase — tax positions in prior periods	40			445			—
Gross decreases — tax positions in prior periods	—			—			(170		)
Gross increases — current period tax positions	103			44			8
Lapse of statute of limitations	(4		)	(27		)	—
Balance — End of the year	$	628		$	489		$	27