Company: COHU
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001437749-25-004612
Chunk: 133

Company: COHU INC
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 133
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 benefits

			3,742

			3,348

			Stock-based compensation

			4,511

			3,227

			Lease liabilities

			2,544

			3,222

			Uniform capitalization

			2,553

			1,564

			Other

			3,064

			-

			Gross deferred tax assets

			138,156

			124,016

			Less valuation allowance

			(114,517
			)

			(99,888
			)

			Total deferred tax assets

			23,639

			24,128

			Deferred tax liabilities:

			Intangible assets and other acquisition basis differences

			25,848

			34,076

			Operating lease right-of-use assets

			2,226

			2,854

			Unremitted earnings of foreign subsidiaries

			4,898

			4,106

			Other

			4,986

			50

			Total deferred tax liabilities

			37,958

			41,086

			Net deferred tax liabilities

			$
			(14,319
			)
			 
			$
			(16,958
			)

The components of total net deferred tax assets (liabilities), net of valuation allowances, as shown in our consolidated balance sheets are as follows:

			(in thousands)

			2024

			2023

			Other assets (long-term)

			$
			5,083

			$
			6,196

			Long-term deferred income tax liabilities

			(19,402
			)

			(23,154
			)

			Net deferred tax liabilities

			$
			(14,319
			)
			 
			$
			(16,958
			)

Companies are required to assess whether a valuation allowance should be recorded against their deferred tax assets (“DTAs”) based on the consideration of all available evidence, using a “more likely than not” realization standard. The four sources of taxable income that must be considered in determining whether DTAs will be realized are, (1) future reversals of existing taxable temporary differences (i.e. offset of gross deferred tax assets against gross deferred tax liabilities); (2) taxable income in prior carry