Company: COHU
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001437749-25-004612
Chunk: 132

Company: COHU INC
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 132
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			21,654

			31,307

			Total current

			8,594

			22,434

			33,372

			Deferred:

			U.S. Federal

			(13
			)

			61

			(9
			)

			Foreign

			(3,709
			)

			(4,835
			)

			(3,495
			)

			Total deferred

			(3,722
			)

			(4,774
			)

			(3,504
			)

			$
			4,872

			$
			17,660

			$
			29,868

Income (loss) before income taxes consisted of the following:

			(in thousands)

			2024

			2023

			2022

			U.S.

			$
			(85,450
			)
			 
			$
			(37,799
			)
			 
			$
			9,180

			Foreign

			20,504

			83,615

			117,535

			Total

			$
			(64,946
			)
			 
			$
			45,816

			$
			126,715

78

			COHU, INC.

			NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Deferred tax effects

Except for working capital requirements in certain foreign jurisdictions, we provide for substantially all taxes, including withholding and other residual taxes, related to unremitted earnings of our foreign subsidiaries.

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting and tax purposes. Significant components of our deferred tax assets and liabilities were as follows:

			(in thousands)

			2024

			2023

			Deferred tax assets:

			Inventory, receivable and warranty reserves

			$
			11,034

			$
			10,931

			Net operating loss carryforwards

			39,572

			36,602

			Tax credit carryforwards

			35,788

			34,637

			Capitalized R&D

			35,348

			30,485

			Accrued employee