Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Loss Before Provision for Income Taxes

The Company’s geographical breakdown of its loss before provision for income taxes is as follows (in thousands):

	Years Ended December 31,
	2015			2014			2013
Domestic	$	(50,892	)	$	(55,330	)	$	(28,831	)
Foreign		2,692			(2,665	)		3,277
Loss before provision for taxes	$	(48,200	)	$	(57,995	)	$	(25,554	)

Provision for Income Taxes

The components of the provision for income taxes are as follows (in thousands):

	Years Ended December 31,
	2015			2014			2013
Current
Federal				$	—		$	—
State		34			66			127
Foreign		857			1,523			700
Total current provision		891			1,589			827
Deferred
Federal		63			109			—
State		(1	)		6			—
Foreign		(271	)		(523	)		(50	)
Total deferred provision		(209	)		(408	)		(50	)
Total	$	682		$	1,181		$	777

Reconciliation of Provision for Income Taxes at Statutory Rate

Reconciliation of the provision for income taxes at the statutory rate to the Company’s provision for income tax is as follows (in thousands):

	Years Ended December 31,
	2015			2014			2013
Tax benefit at federal statutory tax rate	$	(16,388	)	$	(19,718	)	$	(8,688	)
Tax benefit at state statutory tax rate		(499	)		(1,169	)		(829	)
Foreign tax rate differential		(826	)		(526	)		(705	)
Unbenefitted loss of consolidated investment		-			2,366			2,402
Change in valuation allowance		9,738			12,407			7,400
Meals and entertainment		44			34			197
Stock compensation		8,492			7,160			810
Nondeductible expenses and other		121			627			190
Provision for income taxes	$	682		$	1,181		$	777

Net Deferred Tax Assets

Significant components of the Company’s net deferred tax assets are as follows (in thousands):

	As of December 31,
	2015			2014
Deferred tax assets:
Reserves and accruals	$	2,662		$	1,387
Deferred revenue		8,724			8,429
Stock-based compensation		4,772			5,776
Net operating loss carryforwards		37,793			25,519
Loss on OCI		374			380
Other		32			41
Gross deferred tax assets		54,357			41,532
Valuation allowance		(53,468	)		(40,488	)
Total deferred tax assets		889			1,044
Deferred tax liabilities:
Stock-based compensation		(21	)		(53	)
Depreciation and amortization		(1,425	)		(1,757	)
Total deferred tax liabilities		(1,446	)		(1,810	)
Net deferred tax assets	$	(557	)	$	(766	)

Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

	2015			2014			2013
Balance at January 1	$	672		$	353		$	239
Additions based on tax positions taken during the current period		401			222			134
Reductions based on tax positions taken during the prior period		(50	)		(47	)		(20	)
Additions based on tax positions taken during a prior period		131			144			—
Balance at December 31	$	1,154		$	672		$	353