Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of components of income tax expense (benefit)

The following table presents the components of our consolidated income tax (benefit) expense for the years ended December 31, 2017, 2016 and 2015:



	Current			Deferred			Total
Year ended December 31, 2017
U.S. Federal ^(a)	$	(780	)	$	(3,986	)	$	(4,766	)
State and local	550			$	(180	)	$	370
Foreign	(145		)	—			(145		)
	$	(375	)	$	(4,166	)	$	(4,541	)
Year ended December 31, 2016
U.S. Federal	$	35		$	(1,093	)	$	(1,058	)
State and local	511			1,519			2,030
Foreign	284			325			609
	$	830		$	751		$	1,581
Year ended December 31, 2015
U.S. Federal	$	3		$	(3,768	)	$	(3,765	)
State and local	(60		)	883			823
Foreign	423			—			423
	$	366		$	(2,885	)	$	(2,519	)

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:



	2017			2016			2015
Statutory amount (computed at 35%)	$	(1,449	)	$	(714	)	$	(3,703	)
Re-measurement of deferred tax assets ^(a)	(7,451		)	—			—
Valuation allowance on foreign tax credits ^(a)	1,514			—			—
State income tax, net of federal benefit	168			94			(709		)
Permanent differences, other	505			99			43
Permanent differences, incentive stock options	447			224			298
Valuation allowance, other	(77		)	1,769			1,552
Uncertain tax provision	1,614			—			—
Other	188			109			—
Consolidated income tax provision	$	(4,541	)	$	1,581		$	(2,519	)
Consolidated effective tax rate	109.7		%	(77.5		)%	23.8		%

Schedule of deferred tax assets and liabilities

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



	December 31, 2017					December 31, 2016
	Current		Long- term ^(a)			Current			Long-term
Assets related to:
Accrued liabilities	$	—	$	1,226		$	2,322		$	—
Intangible assets	—		3,010			—			4,517
Net operating loss carryforward	—		6,912			—			7,455
Valuation allowance	—		(3,942		)	—			(3,321		)
Non-qualified stock options	—		762			112			1,367
Foreign tax credits	—		1,751			—			2,035
Valuation allowance on foreign tax credits	—		(1,514		)	—			—
AMT credits	—		—			—			780
Other	—		215			45			16
Total assets	—		8,420			2,479			12,849
Liabilities related to:
Depreciation and amortization	—		(15,788		)	—			(25,326		)
Goodwill	—		(5,178		)	—			(6,502		)
Deferred revenue on maintenance contracts	—		(597		)	(429		)	—
Other	—		(100		)	(37		)	(21		)
Total liabilities	—		(21,663		)	(466		)	(31,849		)
Net deferred (liabilities) assets	$	—	$	(13,243	)	$	2,013		$	(19,000	)

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

As reported in the Consolidated Balance Sheets:



	December 31, 2017			December 31, 2016
Net current deferred tax assets	—			2,013
Net non-current deferred tax liabilities	(13,243		)	(19,000		)
Total net deferred tax liabilities:	$	(13,243	)	$	(16,987	)

Schedule of unrecognized tax benefits

The change in the total gross unrecognized tax benefits and prior year audit resolutions of the Company during the year ended December 31, 2017 is reconciled in the table below:



	2017
Balances at beginning of the year	$	—
Additions based on tax position related to current year	—
Additions based on tax positions related to prior years	1,614
Reductions based on tax positions related to current year	—
Reductions based on tax positions related to prior years	—
Settlements with tax authorities	—
Lapse of statute of limitations	—
Balance at the end of year	$	1,614