Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Pre-Tax Income (Loss)

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

	2021		2020		2019
Domestic	$	9,476	$	(55,907)	$	4,777
Foreign	22,649		11,407		16,779
Total	$	32,125	$	(44,500)	$	21,556

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 follows:

	2021		2020		2019
Federal (benefit) provision at statutory rate	$	6,746	$	(9,345)	$	4,527
U.S./Foreign tax rate differential	696		492		393
Foreign non-deductible expenses	515		702		2,059
Foreign tax provision	739		611		793
State taxes, net of federal benefit	315		(1,086)		308
State tax rate change, net of federal benefit	(432)		—		(41)
Change in uncertain tax positions	74		71		15
Change in valuation allowance	366		2,146		(2,054)
Tax credits	(1,341)		(143)		(2,652)
Share-based compensation	(857)		(15)		(14)
Executive compensation (IRC 162m)	1,128		—		—
Repatriation of foreign earnings	208		37		1,235
GILTI, net of related foreign tax credit	39		(1,340)		730
Other	197		419		479
(Benefit) Provision for income taxes	$	8,393	$	(7,451)	$	5,778

Provision (Benefit) for Income Taxes

The provision (benefit) for income taxes for the years ended December 31 follows:

	2021						2020						2019
	Current		Deferred		Total		Current		Deferred		Total		Current		Deferred		Total
Federal	$	46	$	2,377	$	2,423	$	109	$	(10,975)	$	(10,866)	$	(205)	$	(336)	$	(541)
State and local	152		(439)		(287)		120		(559)		(439)		214		883		1,097
Foreign	6,126		131		6,257		4,449		(595)		3,854		4,207		1,015		5,222
Total	$	6,324	$	2,069	$	8,393	$	4,678	$	(12,129)	$	(7,451)	$	4,216	$	1,562	$	5,778

Summary of Deferred Income Taxes Assets and Liabilities

A summary of deferred income tax assets and liabilities as of December 31 follows:

	2021		2020
Noncurrent deferred tax assets:
Amortization and fixed assets	$	7,371	$	5,094
Inventories	3,914		2,325
Pension obligations	2,599		2,827
Warranty obligations	354		473
Accrued benefits	400		551
Operating leases	308		664
Tax credit carryforwards	7,106		6,030
Net operating loss carryforwards	14,944		17,369
Other temporary differences	5,483		7,089
Total noncurrent deferred tax assets	$	42,479	$	42,422
Valuation allowance	(18,371)		(16,441)
Net noncurrent deferred tax assets	$	24,108	$	25,981
Noncurrent deferred tax liabilities:
Amortization and fixed assets	$	(968)	$	(952)
Inventories	103		115
Pension obligations	—		161
Other temporary differences	(303)		(385)
Total noncurrent tax liabilities	(1,168)		(1,061)
Total net deferred tax asset	$	22,940	$	24,920

Summary of Valuation Allowance

Activity for the years ended December 31 is as follows (in thousands):

	2021		2020		2019
Balance - Beginning of the year	$	16,441	$	11,992	$	14,665
Provisions	2,529		4,511		706
Utilizations	(599)		(62)		(3,379)
Balance - End of the year	$	18,371	$	16,441	$	11,992

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 follows:

	2021		2020		2019
Balance - Beginning of the year	$	1,006	$	908	$	894
Gross increase - tax positions in prior periods	75		73		70
Gross decreases - tax positions in prior periods	—		—		(39)
Lapse of statute of limitations	—		—		(12)
Currency translation adjustment	12		25		(5)
Balance - End of the year	$	1,093	$	1,006	$	908