Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The provision for income taxes for the years ended December 31, 2014, 2013 and 2012 consists of the following:

	2014			2013			2012
Current tax expense (benefit):
Federal	$	2,256		$	(2,274	)	$	503
State	516			502			374
Foreign	11,995			9,247			5,176
	14,767			7,475			6,053
Deferred income tax expense (benefit)	(284		)	7,218			12,946
Provision for income taxes	$	14,483		$	14,693		$	18,999

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation between income taxes computed at the statutory federal rate and the provision for income taxes for the years ended December 31, 2014, 2013 and 2012 follows:

	2014		2013		2012
Tax provision at statutory rate based on income before income taxes	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	1.7		1.8		1.5
New York State corporate tax reform	5.5		—		—
Stock-based compensation	(0.2	)	(0.5	)	(0.2	)
Foreign income taxes	(4.8	)	(3.1	)	(4.0	)
Federal research credit	(2.1	)	(2.8	)	—
Settlement of taxing authority examinations	(3.7	)	(2.0	)	(0.8	)
European permanent deduction	(3.8	)	(2.4	)	—
Non deductible/non-taxable items	1.8		2.9		1.3
Other, net	1.6		0.1		(0.9	)
	31.0	%	29.0	%	31.9	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of the significant temporary differences which comprise the deferred income tax assets and liabilities at December 31, 2014 and 2013 are as follows:

	2014			2013
Assets:
Inventory	$	4,476		$	3,445
Net operating losses	10,207			6,450
Capitalized research and development	1,850			2,286
Deferred compensation	3,507			3,025
Accounts receivable	2,604			2,642
Compensation and benefits	6,003			5,601
Accrued pension	6,186			(173		)
Research and development credit	6,198			5,027
Other	1,564			4,365
Foreign tax credit	2,283			332
Less: valuation allowances	(293		)	—
	44,585			33,000
Liabilities:
Goodwill and intangible assets	120,012			114,075
Depreciation	14,041			13,486
State taxes	6,737			3,914
Contingent interest	272			339
	141,062			131,814
Net liability	$	(96,477	)	$	(98,814	)

Schedule of Income before Income Tax

Income before income taxes consists of the following U.S. and foreign income:

	2014		2013		2012
U.S. income	$	12,374	$	20,106	$	33,121
Foreign income	34,301		30,526		26,359
Total income	$	46,675	$	50,632	$	59,480

Schedule of Unrecognized Tax Benefits Rollforward

The following table summarizes the activity related to our unrecognized tax benefits for the years ending December 31,:

	2014			2013			2012
Balance as of January 1,	$	1,689		$	1,587		$	2,343
Increases for positions taken in prior periods	45			70			30
Increases for positions taken in current periods	—			1,132			1,129
Decreases in unrecorded tax positions related to settlement with the taxing authorities	(1,073		)	(1,010		)	(1,857		)
Decreases in unrecorded tax positions related to lapse of statute of limitations	(80		)	(90		)	(58		)
Balance as of December 31,	$	581		$	1,689		$	1,587