INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2016

Reconciliation of beginning and ending amount of liability for uncertain tax positions

A reconciliation of the beginning and ending amount of the liability for uncertain tax positions, including the portion included in income taxes payable, is as follows:

	2016			2015			2014
Liability for uncertain tax positions - January 1	$	42,158		$	39,970		$	2,189
Additions based on tax positions
related to the current year		2,483			3,241			2,732
Additions relating to acquisitions		-			-			35,874
Translation adjustment		(881	)		(844	)		-
Settlement/expiration of statutes of limitations		(15,932	)		(209	)		(825	)
Liability for uncertain tax positions - December 31	$	27,828		$	42,158		$	39,970

Provision (benefit) for income taxes

The (benefit) provision for income taxes consists of the following:

	Years Ended December 31,
	2016			2015			2014
Current:
Federal	$	(1,163	)	$	1,494		$	402
State		18			70			175
Foreign		(10,172	)		5,327			3,281
		(11,317	)		6,891			3,858
Deferred:
Federal		(6,272	)		1,019			(2,698	)
State		(464	)		(64	)		(407	)
Foreign		335			(1,311	)		414
		(6,401	)		(356	)		(2,691	)

	$	(17,718	)	$	6,535		$	1,167

Reconciliation of taxes on income computed at the federal statutory rate

A reconciliation of taxes on income computed at the U.S. federal statutory rate to amounts provided is as follows:

	Years Ended December 31,
	2016					2015					2014
	$			%		$			%		$			%
Tax (benefit) provision computed at the
federal statutory rate	$	(28,893	)	35	%	$	9,006		35	%	$	3,420		35	%
Increase (decrease) in taxes resulting from:
Different tax rates applicable to foreign operations		(4,427	)	5	%		(5,353	)	(21	%)		(4,458	)	(46	%)

Impairment of goodwill & intangibles		30,445		(37	%)		-		0	%		-		0	%

Increase in (reversal of) liability for uncertain
tax positions - net		(13,974	)	17	%		3,032		12	%		1,907		20	%

Utilization of research and experimentation, solar and foreign
tax credits		(349	)	0	%		(349	)	(1	%)		(508	)	(5	%)

State taxes, net of federal benefit		(420	)	1	%		56		0	%		(183	)	(2	%)

Current year (reversal) increase in U.S. valuation allowances		-		0	%		(343	)	(1	%)		335		3	%

Federal tax on profit of foreign disregarded entities
net of deferred tax		-		0	%		872		3	%		770		8	%

Other, including qualified production activity credits, SERP/COLI
income, under/(over) accruals, unrealized foreign exchange gains
and amortization of purchase accounting intangibles		(100	)	0	%		(386	)	(2	%)		(116	)	(1	%)
Tax (benefit) provision computed at the Company's
effective tax rate	$	(17,718	)	21	%	$	6,535		25	%	$	1,167		12	%

Components of deferred income tax assets

Components of deferred income tax assets are as follows:

	December 31,
	2016		2015
	Tax Effect		Tax Effect

Deferred tax assets:
State tax credits	$	902	$	902
Unfunded pension liability		1,398		1,327
Reserves and accruals		4,335		4,349
Federal, state and foreign net operating loss
and credit carryforwards		12,891		10,953
Depreciation		1,057		880
Amortization		-		814
Other accruals		8,278		9,622
Total deferred tax assets		28,861		28,847
Deferred tax liabilities:
Reserves and accruals		64		64
Depreciation		3,028		2,391
Amortization		15,361		23,772
Other accruals		973		857
Total deferred tax liabilities		19,426		27,084
Valuation allowance		7,485		6,635
Net deferred tax assets/(liabilities)	$	1,950	$	(4,872	)