|
INCOME TAXES (Details 3) (USD $)
In Thousands, except Per Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Income tax expense reconciliation |
|
|
|
| Tax expenses at statutory tax rate in PRC |
$ 3,184 |
$ 1,128 |
$ 5,029 |
| Permanent differences |
695 |
314 |
551 |
| Different tax jurisdictions |
6,556 |
3,253 |
306 |
| Tax holiday in the PRC |
(4,225) |
(3,102) |
(4,788) |
| Change in valuation allowance |
(65) |
(437) |
861 |
| Preferential tax refund |
(1,724) |
|
|
| Other |
547 |
54 |
(241) |
| Income tax expense |
4,968 |
1,210 |
1,718 |
| Components of consolidated income before income tax expense |
|
|
|
| Income before income tax expense and earnings in equity method investment |
12,737 |
4,512 |
20,116 |
|
Cayman Islands
|
|
|
|
| Components of consolidated income before income tax expense |
|
|
|
| Domestic (Cayman Islands) |
(26,246) |
(22,937) |
(7,125) |
|
PRC
|
|
|
|
| Components of consolidated income before income tax expense |
|
|
|
| Foreign |
26,887 |
19,795 |
18,873 |
| Tax expense additional information |
|
|
|
| Income tax rate if deemed as resident PRC |
25.00% |
25.00% |
25.00% |
| Withholding tax for PRC subsidiaries (as a percent) |
10.00% |
|
|
| Minimum percentage of equity interest in FIE considered for reduction in withholding income tax rate |
25.00% |
|
|
| Withholding tax rate in case of subsidiary 25% or more directly owned by the resident in Hong Kong |
5.00% |
|
|
| Withholding tax rate for the Company's subsidiary not considered to be beneficial owner of any such dividends |
10.00% |
|
|
| Aggregate undistributed earnings of the company's subsidiaries located in the PRC |
222,624 |
179,601 |
79,611 |
| Provision for dividend withholding taxes |
0 |
0 |
0 |
|
Others
|
|
|
|
| Components of consolidated income before income tax expense |
|
|
|
| Foreign |
12,096 |
7,654 |
8,368 |
|
Tax holidays granted to PRC subsidiaries is not available | PRC
|
|
|
|
| Income tax holiday |
|
|
|
| Increase in income tax expenses without the tax holidays |
$ 4,225 |
$ 3,102 |
$ 4,788 |
| Impact of tax holiday on basic net income per common share (in dollars per share) |
$ 0.06 |
$ 0.06 |
$ 0.12 |
| Impact of tax holiday on diluted net income per common share (in dollars per share) |
$ 0.05 |
$ 0.06 |
$ 0.11 |