INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

INCOME TAXES [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income (loss) before income taxes, consisted of the following (amounts in thousands):

	2015			2014			2013
Domestic	$	(31,810	)	$	(47,730	)	$	27,023
Foreign	(20,196		)	(104,514		)	27,711
	$	(52,006	)	$	(152,244	)	$	54,734

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The income tax provision (benefit) was as follows (amounts in thousands):

	2015			2014			2013
Current
Federal	$	3,143		$	(2,753	)	$	11,853
State	55			258			5,398
Foreign	7,114			5,476			11,800
	10,312			2,981			29,051
Deferred
Federal	28,283			(11,670		)	(8,473		)
State	3,599			(1,205		)	(316		)
Foreign	(3,913		)	(11,925		)	4,785
	27,969			(24,800		)	(4,004		)
Income tax provision (benefit)	$	38,281		$	(21,819	)	$	25,047

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The income tax provision differs from the amount of income tax determined by applying the statutory U.S. federal income tax rate to pre-tax income (loss) as a result of the following:

	2015		2014		2013
Statutory U.S. federal tax rate	35.0	%	35.0	%	35.0	%
Unrecognized tax positions	—		0.7		6.2
Impact of foreign income	13.5		(0.4	)	4.5
Italian law change	—		—		(14.2	)
Goodwill impairment	—		(10.6	)	—
Valuation allowance	(144.0	)	(11.3	)	19.0
State taxes, net	(7.0	)	0.8		1.9
Domestic production exemption	—		—		(3.2	)
Debt conversion (benefit) expense	—		1.5		(1.0	)
Benefit from a US check-the-box election	35.5		—		—
Debt forgiveness	(2.2	)	—		—
Nondeductible royalty	(1.6	)	—		—
Other, net	(2.8	)	(1.4	)	(2.4	)
Effective tax rate	(73.6	)%	14.3	%	45.8	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.  Significant components of the Company’s deferred tax assets and liabilities at December 31, 2015 and 2014, are as follows (amounts in thousands):

	2015			2014
Deferred tax assets:
Net operating loss carryforwards	$	103,490		$	55,590
Pension	8,580			8,590
Inventory	6,163			7,807
Warranty	8,056			9,945
Employee benefits and related costs	16,578			15,967
Allowance for bad debts	639			1,254
Prepaid royalties	4,381			7,960
Other	15,780			14,551
Deferred tax assets	163,667			121,664
Deferred tax liabilities:
Fixed assets	(43,663		)	(50,009		)
Intangible assets	(4,418		)	(6,043		)
Other	(3,958		)	(3,027		)
Deferred tax liabilities	(52,039		)	(59,079		)
Subtotal	111,628			62,585
Valuation allowance	(120,170		)	(45,241		)
Net deferred tax asset (liability)	$	(8,542	)	$	17,344

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the total amounts of unrecognized tax benefits at December 31 were as follows (amounts in thousands):

	2015		2014		2013
Balance at January 1	15,320		15,363		11,872
Increases to tax positions taken during the current year	7		190		4,256
Increases to tax positions taken during the prior years	591		3,131		433
Decreases to tax positions taken during prior years	(534	)	(1,806	)	(250	)
Decreases due to lapse of statutes of limitations	(492	)	(802	)	(272	)
Settlements	(175	)	(656	)	(721	)
Foreign exchange	(19	)	(100	)	45
Balance at December 31	14,698		15,320		15,363