Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Deferred tax assets and liabilities were comprised of the following at December 31, 2017 and 2016:



(In thousands)	2017			2016
Deferred tax assets:
Accounts receivable and financing receivables	$	1,395		$	1,392
Accrued vacation	519			1,022
Stock-based compensation	1,416			1,678
Deferred revenue	132			894
Accrued severance	207			75
Accrued liabilities and other	884			1,025
Fixed assets	172			—
Credits	—			349
Net operating loss	13,261			26,689
Deferred tax assets	17,986			33,124
Less: Valuation allowance	1,605			1,624
Total deferred tax assets	$	16,381		$	31,500
Deferred tax liabilities:
Intangible assets	21,048			$	34,696
Fixed assets	—			50
Total deferred tax liabilities	$	21,048		$	34,746
Total net deferred tax liability	$	(4,667	)	$	(3,246	)

Components of Income Tax Provision

Significant components of the income tax provision for the years ended December 31, 2017, 2016 and 2015 were as follows:



(In thousands)	2017		2016			2015
Current provision:
Federal	$	1,535	$	(72	)	$	8,576
State	977		453			1,270
Deferred provision:
Federal	1,070		4,144			(2,421		)
State	351		(472		)	(277		)
Total income tax provision	$	3,933	$	4,053		$	7,148

Reconciliation to Federal Statutory Income Tax Rate

The difference between income taxes at the U.S. federal statutory income tax rate of 35% and those reported in the consolidated statements of operations for the years ended December 31, 2017, 2016 and 2015 are as follows:



(In thousands)	2017			2016			2015
Income taxes at U.S. federal statutory rate	$	(4,584	)	$	2,795		$	8,922
Provision-to-return adjustments	433			325			(293		)
State income tax, net of federal tax effect	458			5			944
Domestic production activities deduction	(280		)	—			(670		)
Tax credits	(393		)	(349		)	(414		)
Uncertain tax positions	—			—			(1,219		)
Transaction costs	—			1,312			—
Goodwill impairment	9,520			—			—
Stock-based compensation	1,155			—			—
Deferred impact of tax reform	(1,890		)	—			—
Change in valuation allowance	(304		)	—			—
Other	(182		)	(35		)	(122		)
Total income tax provision	$	3,933		$	4,053		$	7,148