5. Income Taxes (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
| Income Tax Disclosure [Abstract] |
|
| Income Tax Expense |
| |
|
Year ended December 31, |
|
| |
|
2015 |
|
|
2014 |
|
|
2013 |
|
| Current — Federal |
|
$ |
11,848 |
|
|
$ |
12,626 |
|
|
$ |
12,541 |
|
| — State |
|
|
1,528 |
|
|
|
1,585 |
|
|
|
1,065 |
|
| |
|
|
13,376 |
|
|
|
14,211 |
|
|
|
13,606 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred — Federal |
|
|
(1,364 |
) |
|
|
31 |
|
|
|
(1,063 |
) |
| — State |
|
|
(67 |
) |
|
|
(29 |
) |
|
|
140 |
|
| |
|
|
(1,431 |
) |
|
|
2 |
|
|
|
(923 |
) |
| Total income tax expense |
|
$ |
11,945 |
|
|
$ |
14,213 |
|
|
$ |
12,683 |
|
|
| Deferred Income Tax Assets and Liabilities with Temporary Differences and Carryforwards |
| |
|
2015 |
|
|
2014 |
|
| Deferred tax assets: |
|
|
|
|
|
|
| Benefit plans |
|
$ |
1,958 |
|
|
$ |
1,535 |
|
| Inventories |
|
|
473 |
|
|
|
483 |
|
| Other |
|
|
733 |
|
|
|
158 |
|
| Total deferred tax assets |
|
$ |
3,164 |
|
|
$ |
2,176 |
|
| Deferred tax liabilities: |
|
|
|
|
|
|
|
|
| Property, plant and equipment |
|
$ |
9,585 |
|
|
$ |
9,648 |
|
| Patents and goodwill |
|
|
2,897 |
|
|
|
2,926 |
|
| Other |
|
|
91 |
|
|
|
158 |
|
| Total deferred tax liabilities |
|
$ |
12,573 |
|
|
$ |
12,732 |
|
| |
|
|
|
|
|
|
|
|
| Net deferred tax liability |
|
$ |
9,409 |
|
|
$ |
10,556 |
|
| |
|
|
|
|
|
|
|
|
| Balance Sheet classification: |
|
|
|
|
|
|
|
|
| Non-current deferred income tax liability |
|
$ |
9,989 |
|
|
$ |
11,129 |
|
| Current deferred income tax asset |
|
|
580 |
|
|
|
573 |
|
| Net deferred tax liability |
|
$ |
9,409 |
|
|
$ |
10,556 |
|
|
| Illustration of Total Income Tax Expense Difference with Amount Provided by Applying Statutory Federal Income Tax Rate to Pretax Earnings |
| |
|
Year ended December 31, |
|
| |
|
2015 |
|
|
2014 |
|
|
2013 |
|
| Income tax expense at the statutory federal income tax rate |
|
$ |
14,304 |
|
|
$ |
14,707 |
|
|
$ |
13,743 |
|
| Increase (decrease) resulting from: |
|
|
|
|
|
|
|
|
|
|
|
|
| State income taxes |
|
|
882 |
|
|
|
934 |
|
|
|
770 |
|
| Section 199 manufacturing deduction |
|
|
(1,383 |
) |
|
|
(1,290 |
) |
|
|
(1,307 |
) |
| R&D tax credits |
|
|
(2,254 |
) |
|
|
(393 |
) |
|
|
(626 |
) |
| Other, net |
|
|
396 |
|
|
|
255 |
|
|
|
103 |
|
| Total income tax expense |
|
$ |
11,945 |
|
|
$ |
14,213 |
|
|
$ |
12,683 |
|
|
| Reconciliation of Beginning and Ending Balances of Total Amounts of Gross Unrecognized Tax Benefits |
| Gross unrecognized tax benefits at January 1, 2013 |
|
$ |
541 |
|
| Increase in tax positions for prior years |
|
|
11 |
|
| Increase in tax positions for current year |
|
|
0 |
|
| Lapse in statutes of limitation |
|
|
(206 |
) |
| Gross unrecognized tax benefits at December 31, 2013 |
|
$ |
346 |
|
| Increase in tax positions for prior years |
|
|
6 |
|
| Increase in tax positions for current year |
|
|
0 |
|
| Lapse in statutes of limitation |
|
|
(223 |
) |
| Gross unrecognized tax benefits at December 31, 2014 |
|
$ |
129 |
|
| Increase in tax positions for prior years |
|
|
122 |
|
| Increase in tax positions for current year |
|
|
0 |
|
| Lapse in statutes of limitation |
|
|
(131 |
) |
| Gross unrecognized tax benefits at December 31, 2015 |
|
$ |
120 |
|
|