Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Income/(Loss) Before Income Taxes

Income (loss) before income taxes from continuing operations consisted of the following (in thousands):


	2015		2014		2013
Domestic	$	(43,518)	$	(267,758)	$	(11,555)
Foreign		72		(3,104)		193
Loss from continuing operation before income taxes	$	(43,446)	$	(270,862)	$	(11,362)

Schedule of Income Tax Benefit (Expense)

The income tax benefit (expense) from continuing operations consisted of the following (in thousands):


	2015		2014		2013
Current (expense) benefit:
Federal	$	—	$	—	$	—
State		(32)		(58)		(276)
International		(23)		(99)		(69)
Deferred (expense) benefit:
Federal		—		14,028		(2,136)
State		—		831		(398)
International		—		11		23
Total income tax benefit (expense) from continuing operations	$	(55)	$	14,713	$	(2,856)

Reconciliation of Federal Statutory Income Tax Rate to Effective Income Tax Rate from Continuing Operations

The reconciliation of the federal statutory income tax rate of 35% to our effective income tax rate from continuing operations is as follows (in thousands):


	2015		2014		2013
Expected income tax benefit (expense) at U.S. statutory rate	$	15,198	$	94,801	$	3,977
Difference between U.S. and foreign taxes		6		21		12
State tax (expense) benefit, net of federal taxes		983		4,828		(131)
Non-deductible stock-based compensation		(982)		(3,845)		(2,832)
Meals and entertainment		(135)		(129)		(266)
Goodwill impairment		—		(25,841)		—
Non-deductible officer compensation		—		(43)		—
Change in statutory state tax rate		(1,604)		(865)		(253)
Federal impact of state deferred taxes		—		—		110
Valuation allowance		(13,509)		(53,463)		(3,648)
Other		(12)		(751)		175
Total income tax expense from continuing operations	$	(55)	$	14,713	$	(2,856)

Tax Effects of Temporary Differences That Give Rise to Significant Portions of Deferred Tax Assets and Deferred Tax Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below (in thousands):


	December 31,		December 31,
	2015		2014
Deferred tax assets:
Accrued liabilities not currently deductible	$	3,454	$	2,305
Intangible assets—excess of tax basis over financial statement basis		45,138		54,647
Federal impact of deferred state taxes		(4,518)		(3,198)
Deferred revenue		—		165
Net operating losses		50,038		35,814
Stock-based compensation		2,565		5,783
Other		203		(56)
		96,880		95,460
Deferred tax liabilities:
Intangible assets—excess of financial statement basis over tax basis		(1,751)		(1,245)
Property and equipment		(2,251)		(5,739)
		(4,002)		(6,984)
Valuation allowance		(92,878)		(88,476)
Net deferred tax liabilities	$	—	$	—

Current	$	551	$	334
Non-current		(551)		(334)
	$	—	$	—