XML 68 R34.htm IDEA: XBRL DOCUMENT

INCOME TAXES: (Tables)

12 Months Ended

Dec. 31, 2012

Components of income before income taxes

	Year Ended December 31,

	2012		2011		2010
	(in thousands)
United States	$	6,709	$	3,479	$	2,324
Foreign		112,858		9,873		20,979

Income before income taxes	$	119,567	$	13,352	$	23,303

Schedule of the components of the provision for income taxes

	Year Ended December 31,

	2012			2011			2010
	(in thousands)
Current:
U.S. federal	$	6,178		$	2,838		$	1,660
State and local		890			437			462
Foreign		4,573			907			262

		11,641			4,182			2,384

Deferred:
U.S. federal	$	(2,805	)	$	(658	)	$	(848	)
State and local		(226	)		(149	)		46
Foreign		(423	)		—			8,181

		(3,454	)		(807	)		7,379

Provision for taxes on income	$	8,187		$	3,375		$	9,763

Schedule of significant deferred tax assets and liabilities

	December 31,

	2012			2011
	(in thousands)
Deferred tax assets:
Net operating loss and credit carryforwards	$	30,644		$	23,078
Research and development costs		—			3,866
Reserves and accruals		7,499			3,940
Depreciation and amortization		(174	)		49

Gross deferred tax assets		37,969			30,933
Valuation allowance		(32,073	)		(28,491	)

Net deferred tax assets	$	5,896		$	2,442

Schedule of reconciliation of the statutory federal income tax rate to the Company's effective tax rate

	Year Ended December 31,

	2012			2011			2010
Tax at statutory rate		35.0	%		34.0	%		34.0	%
State, net of federal benefit		0.5			2.2			1.1
Meals and entertainment		0.1			0.4			0.1
Tax at rates other than the statutory rate		(32.9	)		(15.6	)		5.6
Share-based compensation		(0.1	)		3.2			1.6
Other, net		4.2			1.0			(0.5	)

Provision for taxes		6.8	%		25.2	%		41.9	%

Schedule of reconciliation of unrecognized tax benefits, excluding penalties and interest

	Year Ended December 31,

	2012		2011
	(in thousands)
Gross unrecognized tax benefits, beginning of the period	$	4,063	$	1,754
Increases in tax positions for prior years		120		985
Decreases in tax positions for prior years		—		(523	)
Increases in tax positions for current year		5,533		1,847
Decreases in tax positions for current year		—		—

Gross unrecognized tax benefits, end of the period	$	9,716	$	4,063

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References+ Details