Annual report pursuant to Section 13 and 15(d)

INCOME TAXES - Deferred Tax Assets and Liabilities (Details)

v3.20.4
INCOME TAXES - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Accounts receivable $ 473 $ 695
Accrued expenses 3,838 2,065
Inventory 5,231 4,102
Other assets 160 1,008
Deferred rent 0 427
Pension asset 348 1,783
Property, plant and equipment 0 864
Lease accounting 3,360 0
U.S. and foreign net operating losses 13,998 15,014
Tax credits 254 2,345
Total deferred tax assets 27,662 28,303
Less valuation allowance (9,879) (12,409)
Net deferred tax assets 17,783 15,894
Deferred tax liabilities:    
Property, plant and equipment (4,678) 0
Operating lease right-of-use asset (2,747) 0
Intangible assets (24,266) (38,451)
Deferred rent (78) 0
Unremitted earnings (719) (1,207)
Other liabilities (5,921) (6,406)
Total deferred tax liabilities (38,409) (46,064)
Net deferred tax liability $ (20,626) $ (30,170)