Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of components of income tax expense (benefit)

The following table presents the components of our consolidated income tax expense for the years ended December 31, 2014, 2013 and 2012:



	Current			Deferred			Total
Year ended December 31, 2014
U.S. Federal	$	247		$	2,571		$	2,818
State and local	$	599		$	(702	)	$	(103	)
Foreign	460			—			460
	$	1,306		$	1,869		$	3,175
Year ended December 31, 2013
U.S. Federal	$	(936	)	$	19		$	(917	)
State and local	238			(258		)	(20		)
	$	(698	)	$	(239	)	$	(937	)
Year ended December 31, 2012
U.S. Federal	$	(3,214	)	$	(2,174	)	$	(5,388	)
State and local	220			528			748
	$	(2,994	)	$	(1,646	)	$	(4,640	)

Schedule of effective income tax reconciliation

The Company’s income tax provision reconciles to the provision at the statutory U.S. federal income tax rate for each year ended December 31, as follows:



	2014			2013			2012
Statutory amount (computed at 35%)	$	3,519		$	(212	)	$	(5,776	)
State income tax, net of federal benefit	(312		)	(20		)	564
Permanent differences	122			(13		)	(743		)
Permanent differences, incentive stock options	157			237			1,189
True up of deferred balances for non-qualified stock options	—			(571		)	—
True up of deferred balances for state tax benefits	—			(401		)	—
True up to prior year taxes	(311		)	—			—
Other (net)	—			43			126
Consolidated income tax provision	$	3,175		$	(937	)	$	(4,640	)
Consolidated effective tax rate	31.6		%	154.6		%	27.9		%

Schedule of deferred tax assets and liabilities

The Company’s deferred tax assets and liabilities are as follows:



	December 31, 2014						December 31, 2013
	Current			Long- term			Current			Long- term
Assets related to:
Accrued liabilities	$	2,714		$	—		$	1,913		$	—
Intangible assets	111			1,935			121			2,219
Net operating loss carryforward	—			3,797			—			10,604
Non-qualified stock options	45			1,248			—			1,268
Foreign tax credits	—			1,078			—			—
AMT credits	—			993			—			—
Other	44			(16		)	23			1,170
Total assets	2,914			9,035			2,057			15,261
Liabilities related to:
Depreciation and amortization	—			(26,173		)	—			(30,082		)
Goodwill	—			(3,753		)	—			(3,157		)
Deferred revenue on maintenance contracts	(1,121		)	14			(1,327		)	—
Other	(38		)	—			(4		)	—
Total liabilities	(1,159		)	(29,912		)	(1,331		)	(33,239		)
Net deferred assets (liabilities)	$	1,755		$	(20,877	)	$	726		$	(17,978	)

Schedule of net deferred tax assets and liabilities as reported in the balance sheet

As reported in the balance sheets:



	December 31, 2014			December 31, 2013
Net current deferred tax assets	1,755			726
Net non-current deferred tax liabilities	(20,877		)	(17,978		)
Total net deferred tax liabilities:	$	(19,122	)	$	(17,252	)