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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2020
Income Taxes [Abstract]  
Schedule Of Income Tax Expense

Note 9 – Income Taxes

Income tax expense (benefit) consists of the following:

 

Nine Months Ended

 

September 30,

(in thousands)

 

2020

 

 

2019

Federal – current

$

1,288

 

$

907

Foreign – current

 

3,865

 

 

5,607

State – current

 

503

 

 

1,096

Deferred

 

(4,079)

 

 

206

 

$

1,577

 

$

7,816

Schedule Of Tax Incentives The net impact of these tax incentives was to lower foreign income tax expense for the nine months ended September 30, 2020 and 2019 by approximately $3.4 million (approximately $0.09 per diluted share) and $4.0 million (approximately $0.10 per diluted share), respectively, as follows:

 

Nine Months Ended

 

September 30,

(in thousands)

 

2020

 

 

2019

Malaysia

 

2,164

 

 

2,294

Thailand

 

1,209

 

 

1,705

 

$

3,373

 

$

3,999