PROVISION FOR INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

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

U.S. and foreign components of income before income taxes were:



	Year Ended December 31,
(in thousands)	2015			2014			2013
U.S. operations	$	(2,113	)	$	(5,064	)	$	1,936
Foreign operations	41,531			61,878			53,491
Total pretax income	$	39,418		$	56,814		$	55,427

Components of provision for income taxes [Table Text Block]

The components of the provision for (benefit from) income taxes are as follows:



	Year Ended December 31,
(in thousands)	2015			2014			2013
Current provision (benefit):
Federal	$	443		$	(1,234	)	$	(558	)
State	83			(137		)	2
Foreign	5,407			3,094			3,049
	5,933			1,723			2,493
Deferred provision (benefit):
Federal	(1,699		)	(3,279		)	(3,633		)
State	(57		)	(284		)	—
Foreign	(3,906		)	(890		)	(699		)
	(5,662		)	(4,453		)	(4,332		)
Total	$	271		$	(2,730	)	$	(1,839	)

Effective income tax rate reconciliation [Table Text Block]

The provision for (benefit from) income taxes differs from the amount, which would result by applying the applicable federal income-tax rate to income before provision for (benefit from) income taxes, as follows:



	Year Ended December 31,
	2015		2014		2013
Provision computed at Federal statutory rate	35.0	%	35.0	%	35.0	%
State tax provision, net of Federal benefit	—		—		—
Business tax credits	(6.8	)	(5.5	)	(8.1	)
Stock-based compensation	0.8		(2.9	)	(2.8	)
Foreign income taxed at different rate	(33.1	)	(28.6	)	(29.5	)
IRS audit settlement	—		(5.8	)	—
Valuation allowance	2.6		2.0		(0.1	)
Other	2.2		1.0		2.2
Total	0.7	%	(4.8	)%	(3.3	)%

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

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



	December 31,
(in thousands)	2015			2014
Deferred tax assets:
Other reserves and accruals	$	1,573		$	3,928
Tax credit carry-forwards	22,826			19,602
Stock compensation	5,945			5,429
Capital losses	11,490			11,401
Net operating loss	3,677			3,680
Valuation allowance	(26,918		)	(25,828		)
	18,593			18,212
Deferred tax liabilities:
Depreciation	(2,968		)	(3,320		)
Acquired intangibles	—			(3,502		)
Unremitted earnings	(4,626		)	(5,182		)
Other	(447		)	(1,072		)
	(8,041		)	(13,076		)
Net deferred tax asset	$	10,552		$	5,136

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, 2013	$	10,813
Gross Increases for Tax Positions of Current Year	1,881
Gross Increases for Tax Positions of Prior Years	—
Settlements	—
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2013	12,694
Gross Increases for Tax Positions of Current Year	2,117
Gross Increase for Tax Positions of Prior Years	710
Settlements	(4,361		)
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2014	11,160
Gross Increases for Tax Positions of Current Year	3,063
Gross Decreases for Tax Positions of Prior Years	(663		)
Settlements	—
Lapse of Statute of Limitations	—
Unrecognized Tax Benefits Balance at December 31, 2015	$	13,560