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Income Taxes
9 Months Ended
Sep. 30, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
Tax provisions for interim periods are calculated using an estimate of actual taxable income or loss for the respective period, rather than estimating the Company's annual effective income tax rate, as the Company is currently unable to reliably estimate its income for the full year. For the three months ended September 30, 2015, the Company had U.S. taxable loss of approximately $15,865, which resulted in an income tax benefit of $318 that was recognized to offset income tax expense recognized during the six months ended June 30, 2015. For the nine months ended September 30, 2015, the Company had U.S. taxable income of approximately $22,935, which, after offset of available loss carryforwards, resulted in $459 of current income tax expense due to the corporate alternative minimum tax. For the three and nine months ended September 30, 2015, the Company recognized $27 of current foreign income tax benefit. For the three months ended September 30, 2014, the Company had U.S. taxable loss of approximately $600, and no income tax benefit was recognized. For the nine months ended September 30, 2014, the Company had U.S. taxable income of approximately $600, which, after offset by available loss carryforwards, resulted in $23 of current income tax expense due to the corporate alternative minimum tax. For the three months ended September 30, 2015, the Company recorded deferred tax benefit of $578. For the nine months ended September 30, 2015, the Company recorded deferred tax expense of $374. There was no deferred tax expense for the three and nine months ended September 30, 2014. The Company's net deferred tax assets, excluding certain deferred tax liabilities totaling $21,550, are offset by a valuation allowance due to the Company's history of net losses combined with an inability to confirm recovery of the tax benefits of the Company's losses and other net deferred tax assets. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment.
At September 30, 2015, the Company has loss carryforwards for U.S. federal income tax purposes of approximately $227,100 available to offset future taxable income and federal and state research and development tax credits of approximately $6,800, prior to consideration of annual limitations that may be imposed under Section 382. These carryforwards will begin to expire in 2022. Of these loss carryforwards, approximately $29,300 relates to benefits from stock compensation deductions that will be recorded as a component of paid-in capital when realized. The Company's direct foreign subsidiaries have foreign loss carryforwards of approximately $116,700, most of which do not expire.