Income Taxes (Tables)

6 Months Ended

Jun. 30, 2014

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense

The following table presents components of income tax expense/(benefit) for the three and six months ending June 30, 2014 and 2013:

	Three months ended June 30,		Six months ended June 30,
(in thousands)	2014	2013	2014	2013
Income tax based on income from continuing operations, at estimated tax rates of 36.5% and 39.0%, respectively	$6,368	($3,616)	$12,999	$3,310
Provision for change in estimated tax rates	278	888	-	-
Income tax before discrete items	6,646	(2,728)	12,999	3,310
Discrete tax expense/(benefit):
Provision for/adjustment to beginning of year valuation allowances	437	-	437	-
Provision for/resolution of tax audits and contingencies, net	99	425	979	425
Adjustments to prior period tax liabilities	30	(126)	254	84
Repatriation of non-U.S. prior years' earnings	-	186	-	186
Other discrete tax adjustments, net	4	-	4	-
Total income tax expense/(benefit)	$7,216	($2,243)	$14,673	$4,005