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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2023
Income Tax Disclosure [Abstract]  
Schedule Of Income Tax Expense

Income tax expense consists of the following:

 

 

 

Three Months Ended
March 31,

 

(in thousands)

 

2023

 

 

2022

 

Current:

 

 

 

 

 

 

U.S. Federal

 

$

525

 

 

$

97

 

State and local

 

 

66

 

 

 

171

 

Foreign

 

 

3,444

 

 

 

3,466

 

Deferred:

 

 

(1,010

)

 

 

(1,201

)

 

 

$

3,025

 

 

$

2,533

 

Schedule Of Tax Incentives The net impact of these tax incentives was to lower foreign income tax expense for the three months ended March 31, 2023 and 2022 by approximately $1.9 million (approximately $0.05 per diluted share) and $1.2 million (approximately $0.03 per diluted share), respectively, as follows:

 

 

 

Three Months Ended
March 31,

 

(in thousands)

 

2023

 

 

2022

 

China

 

$

182

 

 

$

116

 

Thailand

 

 

1,759

 

 

 

1,074

 

 

 

$

1,941

 

 

$

1,190