Note 11 - Income Tax (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

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

	Years Ended December 31,
	2023		2022		2021
Domestic	$	26,545	$	34,654	$	21,205
Foreign		27,357		18,064		-
Total	$	53,902	$	52,718	$	21,205

	Years Ended December 31,
	2023			2022			2021
Current
Federal	$	6,099		$	11,238		$	5,793
State		1,784			2,309			1,320
Foreign		272			1,863			-
Total Current		8,155			15,410			7,113
Deferred
Federal		841			(3,856	)		(1,399	)
State		2			(624	)		(395	)
Foreign		(20	)		(1	)		-
Total Deferred		823			(4,481	)		(1,794	)
Total income tax provision	$	8,978		$	10,929		$	5,319

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

	December 31,
	2023			2022
Deferred tax assets:
Reserves	$	603		$	450
Inventory capitalization		-			305
Compensation programs		2,040			2,120
Equity-based compensation		685			690
Lease liability		3,596			3,298
Intangible assets		1,774			1,132
Deferred revenue		963			1,115
Other		21			362
Gross deferred tax assets		9,682			9,472
Valuation allowance		-			-
Net deferred tax assets		9,682			9,472
Deferred tax liabilities:
Excess of book over tax basis of fixed assets		(2,839	)		(2,782	)
Goodwill		(3,095	)		(2,445	)
Right of use asset		(3,481	)		(3,245	)
Inventory capitalization		(88	)		-
Total deferred tax liabilities		(9,503	)		(8,472	)
Net long-term deferred tax assets (liabilities)	$	179		$	1,000

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

	Years Ended December 31,
	2023			2022			2021
U.S. federal statutory rate		21.0	%		21.0	%		21.0	%
Increase (decrease) in income taxes resulting from:
State taxes, net of federal tax benefit		2.7			3.2			4.0
Tax credits		(0.1	)		(0.7	)		(1.7	)
Return to provision adjustments		(3.2	)		-			0.7
Foreign rate differential		(9.3	)		(3.7	)		-
GILTI impact		4.5			0.8			-
FDII impact		(0.7	)		-			-
Excess tax benefits on equity awards		(1.9	)		(0.6	)		(0.2	)
162m limitations		1.9			0.8			0.7
Increases in uncertain tax positions		1.3			-			-
Other		0.5			(0.1	)		0.8
Change in valuation allowance		-			-			(0.2	)
Effective tax rate		16.7	%		20.7	%		25.1	%

Summary of Income Tax Contingencies [Table Text Block]

	December 31,
	2023		2022
Gross UTB balance at beginning of fiscal year	$	-	$	-
Gross increases - tax positions of prior years		670		-
Gross UTB balance at end of fiscal year	$	670	$	-