INCOME TAXES

6 Months Ended

Jun. 30, 2020

Our total income tax benefit for our loss before income taxes were as follows (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Loss before income taxes and equity in losses of unconsolidated affiliates	$	(6,599)	$	(587)	$	(13,416)	$	(646)
Total income tax benefit	(212)		(426)		(1,720)		(1,436)

There were cash payments for income taxes of $340 thousand and $347 thousand for the three and six months ended June 30, 2020, respectively, and there were cash payments of $28 thousand and cash refunds, net of payments, of $0.1 million, respectively, for income taxes for the three and six months ended June 30, 2019. The Company’s tax benefit was $0.2 million and $1.7 million for the three and six months ended June 30, 2020, respectively, compared to the tax benefit of $0.4 million and $1.4 million for the three and six months ended June 30, 2019, respectively. The increase in tax benefits in the six month period is due to the higher financial loss offset by transaction costs and a small increase in the partial valuation allowance further discussed below. The Company recognized $0.2 million in excess tax benefits related to employee share-based compensation for the three months ended June 30, 2020, compared to $0.3 million recognized for the three months ended June 30, 2019. The Company recognized $0.5 million in excess tax benefits related to employee share-based compensation for the six months ended June 30, 2020, compared to $1.4 million recognized for the six months ended June 30, 2019.

As of June 30, 2020, the Company assessed whether the reduction of future taxable income due to the lingering effects from COVID-19 would cause a larger portion of our deferred tax assets to likely expire unrealized. The Company recorded an additional $0.3 million to the current partial valuation allowance against the Company's deferred tax assets as of June 30, 2020. The Company will continue to closely monitor the need for an additional valuation allowance against its deferred tax assets in each subsequent reporting period which can be impacted by actual operating results compared to the Company's forecast.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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