PROVISION FOR INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2011

U.S. and foreign components of income before income taxes [Table Text Block]

U.S. and foreign components of income before income taxes were (in thousands):



	Year Ended December 31,
	2011		2010		2009
U.S. operations	$	18,884	$	22,312	$	5,093
Foreign operations	26,211		39,493		25,430
Total pretax income	$	45,095	$	61,805	$	30,523

Components of provision for income taxes [Table Text Block]

The components of the provision for income taxes are as follows (in thousands):



	Year Ended December 31,
	2011		2010		2009
Current provision:
Federal	$	7,758	$	9,179	$	5,469
State	246		585		3,347
Foreign	474		98		476
	8,478		9,862		9,292
Deferred provision (benefit):
Federal	1,458		2,280		(1,201		)
State	845		160		(811		)
Foreign	23		39		(26		)
	2,326		2,479		(2,038		)
Total	$	10,804	$	12,341	7,254

Effective income tax rate reconciliation [Table Text Block]

The provision for income taxes differs from the amount, which would result by applying the applicable Federal income tax rate to income before provision for income taxes as follows:




	2011	2010	2009
Provision computed at Federal statutory rate	35.0%	35.0%	35.0%
State tax provision, net of Federal benefit	0.5%	1.3%	0.5%
Business tax credits	(5.7)%	(5.6)%	(7.5)%
Stock-based compensation	(0.2)%	2.6%	4.5%
Foreign income taxed at different rate	(10.9)%	(14.7)%	(15.5)%
Valuation allowance	3.4%	0.2%	7.9%
Other	1.9%	1.2%	(1.1)%
Total	24.0%	20.0%	23.8%

Components of net deferred income tax asset [Table Text Block]

The components of the net deferred income tax asset /(liabilities) were as follows (in thousands):



	December 31,
	2011			2010
Deferred tax assets
Tax credit carry-forwards	$	7,002		$	5,375
Other reserves and accruals	5,424			5,419
Stock compensation	6,808			7,609
	19,234			18,403
Valuation allowance	$	(5,955	)	$	(3,547	)
Net deferred tax asset	$	13,279		$	14,856

Unrecognized tax benefits rollforward [Table Text Block]

The Company applies the provisions of ASC 740-10, relating to accounting for uncertain income taxes.



Reconciliation of the Beginning and Ending Amount of Unrecognized Tax Benefits (in thousands):
Unrecognized Tax Benefits Balance at January 1, 2009	$	20,680
Gross Increases for Tax Positions of Current Year	4,189
Gross Decreases for Tax Positions of Prior Years	—
Settlements	—
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2009	24,869
Gross Increases for Tax Positions of Current Year	5,269
Gross Decreases for Tax Positions of Prior Years	(227		)
Settlements	—
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2010	29,911
Gross Increases for Tax Positions of Current Year	4,944
Gross Decreases for Tax Positions of Prior Years	—
Settlements	—
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2011	$	34,855