INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense

Income tax expense consists of the following:

	2018			2017			2016
Current:
Federal	$	18,296		$	20,102		$	28,765
Foreign	4,060			3,015			2,670
State	3,880			2,790			2,483
Deemed Repatriation	(970		)	1,389			—
Deferred:
Federal	(3,788		)	(1,302		)	(7,114		)
Foreign	(69		)	62			52
State	(952		)	(384		)	106
Federal Rate Change	—			(27,255		)	—
Total income tax provision	$	20,457		$	(1,583	)	$	26,962

Schedule of Income Tax Reconciliation

The provision for income taxes differs from the amount computed by applying the Federal statutory rate of 21% for 2018 and 35% for 2017 and 2016 to earnings before income tax expense due to the following:

	2018			2017			2016
Income tax at Federal statutory rate	$	20,796		$	30,971		29,027
State income taxes, net of Federal income taxes	2,742			708			1,510
Federal Rate Change	—			(27,255		)	—
Stock Options	(1,293		)	(2,927		)	—
GILTI & FDII	1,027			—			—
Deemed Repatriation	(970		)	1,389			—
Foreign Tax Credits	(1,136		)	—			—
Domestic production activities deduction	—			(2,382		)	(3,299	)
Other	(709		)	(2,087		)	(276	)
Total income tax provision	$	20,457		$	(1,583	)	26,962

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2018 and 2017 were as follows:

	2018		2017
Deferred tax assets:
Inventories	$	1,260	$	1,297
Restricted stock and stock options	3,567		3,248
Other	2,885		1,764
Total deferred tax assets	7,712		6,309
Deferred tax liabilities:
Amortization	$	27,080	$	31,311
Depreciation	23,837		22,172
Other	1,104		1,374
Total deferred tax liabilities	52,021		54,857
Net deferred tax liability	$	44,309	$	48,548

Schedule of Reconciliation of Unrecognized Tax Benefits

Provisions of ASC 740-10 clarify whether or not to recognize assets or liabilities for tax positions taken that may be challenged by a tax authority. A reconciliation of the beginning and ending amount of unrecognized tax benefits, which is included in other long-term obligations on the Company’s consolidated balance sheets, is as follows:

	2018			2017			2016
Balance at beginning of period	$	4,781		$	6,637		$	6,570
Increases for tax positions of prior years	1,366			393			332
Decreases for tax positions of prior years	(1,185		)	(2,711		)	(406		)
Increases for tax positions related to current year	747			462			141
Balance at end of period	$	5,709		$	4,781		$	6,637