Note 17 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

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

	2021		2020			2019
U.S. operations	$	47.5	$	46.6		$	50.1
Foreign operations		26.6		(5.5	)		3.9
Total	$	74.1	$	41.1		$	54.0

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

	2021			2020			2019
Current:
Federal	$	11.1		$	4.2		$	9.6
Foreign		11.2			3.8			5.6
State		1.9			1.8			2.1
Total current	$	24.2		$	9.8		$	17.3
Deferred:
Federal	$	0.6		$	4.4		$	(2.4	)
Foreign		(15.5	)		(6.9	)		(6.7	)
State		(0.1	)		0.1			(0.1	)
Total deferred	$	(15.0	)	$	(2.4	)	$	(9.2	)
Total:
Federal	$	11.7		$	8.6		$	7.2
Foreign		(4.3	)		(3.1	)		(1.1	)
State		1.8			1.9			2.0
Total income tax expense	$	9.2		$	7.4		$	8.1

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

	2021			2020			2019
Tax at statutory rate		21.0	%		21.0	%		21.0	%
Increases (decreases) in the tax rate from:
State and local taxes, net of federal benefit		2.2			3.5			1.9
Effect of foreign operations		(6.3	)		(3.7	)		3.5
Effect of changes in valuation allowances		(4.5	)		0.5			(9.7	)
Excess tax benefits on share-based compensation		1.8			2.1			2.5
Share-based payments		(0.9	)		(0.9	)		(2.0	)
Research and development credit		(1.4	)		(3.3	)		(1.9	)
Other, net		0.6			(1.3	)		(0.2	)
Effective income tax rate		12.5	%		17.9	%		15.1	%

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

	2021			2020
Deferred tax assets:
Inventory	$	3.7		$	4.5
Compensation and employee benefits		14.8			14.0
Warranty reserves		2.2			2.3
Allowance for doubtful accounts and deferred revenue		2.3			2.3
Operating lease liabilities		8.2			11.2
Tax loss carryforwards		7.7			9.6
Tax credit carryforwards		4.5			3.6
Other		0.7			2.5
Gross deferred tax assets	$	44.1		$	50.0
Less: valuation allowance		(4.8	)		(7.5	)
Total net deferred tax assets	$	39.3		$	42.5
Deferred tax liabilities:
Operating lease assets	$	8.1		$	11.2
Fixed assets		13.0			14.0
Goodwill and intangible assets		23.0			41.5
Total deferred tax liabilities	$	44.1		$	66.7
Net deferred tax liabilities	$	(4.8	)	$	(24.2	)

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

	2021			2020
Beginning balance	$	6.4		$	7.5
(Decreases) increases as a result of tax positions taken during a prior period		(0.1	)		0.3
Increases as a result of tax positions taken during the current year		0.5			0.4
Decreases relating to settlement with tax authorities		—			(0.8	)
Decreases as a result of a lapse of the applicable statute of limitations		(2.1	)		(1.4	)
Increases as a result of foreign currency fluctuations		—			0.4
Ending balance	$	4.7		$	6.4