INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

INCOME TAXES

Income (loss) before income taxes

	Year Ended December 31,
(in thousands)	2019		2018
Domestic	$	2,075	$	(18,190)
Foreign		(720)		—
Income (loss) from continuing operations		1,355		(18,190)
Loss from discontinued operations		(234)		(15,002)
Income (loss) before income tax expense (benefit)	$	1,121	$	(33,192)

Summary of income tax expense (benefit)

	Year Ended December 31,
(in thousands)	2019		2018
Current:
State	$	61	$	(3)
Foreign		(642)		(522)
Total current		(581)		(525)
Deferred:
Federal		(88)		(7,044)
State		(396)		(194)
Foreign		—		6
Total deferred		(484)		(7,232)
Income tax expense (benefit)	$	(1,065)	$	(7,757)

Income tax expense (benefit) allocated between continuing operations and discontinued operations

	Year Ended December 31,
(in thousands)	2019		2018
Continuing operations	$	333	$	(4,400)
Discontinued operations		(1,398)		(3,357)
Income tax expense (benefit)	$	(1,065)	$	(7,757)

Schedule of effective income tax rate for continuing operations

	Year Ended December 31,
	2019				2018
(in thousands)	Amount		Percent		Amount		Percent
Tax expense (benefit) computed at the maximum U.S. statutory rate	$	284	21.0	%	$	(3,820)	21.0	%
Difference resulting from state income taxes, net of federal income tax benefits		(348)	(25.7)	%		(483)	2.7	%
State tax rate difference		43	3.2	%		—	—	%
Non-deductible expenses, other		130	9.6	%		136	(0.7)	%
Change in net operating loss carryforward		2,705	199.6	%		(581)	3.2	%
Change in valuation allowance		(1,534)	(113.2)	%		(2,136)	11.7	%
Change in foreign tax credits		2,288	168.9	%		1,811	(10.0)	%
Bankruptcy reorg costs		(2,533)	(187.0)	%		—	—	%
Other, net		(702)	(51.8)	%		673	(3.7)	%
Total tax expense (benefit)	$	333	24.6	%		(4,400)	24.2	%

Components of deferred income tax assets and liabilities

	December 31,
(in thousands)	2019		2018
Assets:
Cost in excess of identifiable net assets of business acquired	$	5,904	$	6,633
Reserves and other accruals		4,058		4,328
Tax credit carryforwards		5,289		7,819
Accrued compensation and benefits		1,940		1,946
State net operating loss carryforwards		12,815		10,843
Federal net operating loss carryforwards		47,679		47,382
Gain/loss on assets held for sale		1,434		1,393
Other		4,978		782
		84,097		81,126
Liabilities:
Indefinite life intangibles		(12,026)		(10,876)
Property and equipment		(319)		(248)
Net deferred tax assets		71,752		70,002
Valuation allowance for net deferred tax assets		(73,950)		(72,684)
Net deferred tax liability after valuation allowance	$	(2,198)	$	(2,682)

Reconciliation of unrecognized tax benefits

	Year Ended December 31,
(in thousands)	2019		2018
Unrecognized tax benefits at January 1	$	3,095	$	3,328
Reductions to unrecognized tax benefits from lapse of statutes of limitations		(197)		(233)
Unrecognized tax benefits at December 31	$	2,898	$	3,095
Unrecognized tax benefits from discontinued operations at December 31	$	998	$	1,194
Unrecognized tax benefits from continuing operations at December 31		1,900		1,901
	$	2,898	$	3,095

Presentation of open tax years by jurisdiction

Tax Jurisdiction	Examination in Progress	Open Tax Years for Examination
United States	None	2006 to Present
Mexico	None	2014 to Present
China	None	2011 to 2017
The Netherlands	None	2016 to 2018