INCOME TAXES (RESTATED) (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of domestic and foreign components of income before tax for operations

The domestic and foreign components of income before tax for our operations for the years ended December 31 are summarized below:

	2014			2013		2012
				Restated		Restated
Domestic	$	(706	)	$	6,339	$	6,312
Foreign	6,545			3,470		8,836
	$	5,839		$	9,809	$	15,148

Schedule of components of the provision for income taxes

The components of the provision for income taxes for the years ended December 31 are as follows:

	2014			2013			2012
				Restated			Restated
Current - Federal	$	378		$	1,144		$	3,396
Current - State	16			93			136
Current - Foreign	3,774			3,020			2,254
Current income tax expense	4,168			4,257			5,786
Deferred - Federal	(236		)	658			(140		)
Deferred - State	(82		)	(64		)	(27		)
Deferred - Foreign	63			(1,115		)	(303		)
Deferred income tax benefit	(255		)	(521		)	(470		)
Income tax provision	$	3,913		$	3,736		$	5,316

Schedule of reconciliation of income tax provision

A reconciliation of our income tax provision computed by applying the Federal statutory income tax rate of 35% in December 31, 2014, 2013, and 2012 to income before taxes is as follows:

	2014			2013			2012
				Restated			Restated
Statutory U.S. federal income tax	$	2,042		$	3,401		$	5,302
U.S. state income tax, net of federal benefit	(15		)	85			45
Foreign rate differential	(1,558		)	(1,259		)	(2,271		)
Domestic production activities deduction	(21		)	(211		)	(316		)
Tax audit adjustments	(338		)	812			—
Intercompany distributions	16			2,239			—
Foreign equity compensation	338			234			254
Deemed repatriation of foreign earnings	—			(908		)	908
Current year tax credits	(156		)	(628		)	(29		)
Change in valuation allowances	3,737			73			—
Other	(132		)	(102		)	1,423
Provision for income taxes	$	3,913		$	3,736		$	5,316

Schedule of deferred tax assets and liabilities

Our deferred tax assets and liabilities at December 31, 2014 and 2013 consist of the following:

	2014			2013
				Restated
Deferred tax assets:
Net foreign operating loss carryforward	$	6,932		$	5,396
Inventory differences	2,337			2,373
Equity compensation	836			556
Investment in subsidiaries	935			1,147
Restructuring	1,265			—
Other, net	418			591
Gross deferred tax assets	12,723			10,063
Less valuation allowances	(3,032		)	(75		)
Total deferred tax assets	9,691			9,988
Deferred tax liabilities:
Purchased intangible assets	(9,813		)	(12,445		)
Depreciation and amortization	(2,476		)	(1,676		)
Other, net	(220		)	(238		)
Total deferred tax liabilities	(12,509		)	(14,359		)
Net deferred tax liabilities	$	(2,818	)	$	(4,371	)