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Income Taxes
9 Months Ended
Sep. 30, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
 
As of September 30, 2015, the Company did not have a history of earnings that would allow it to record any of its net deferred tax assets without a corresponding valuation allowance. Therefore, no net deferred tax asset is reflected as of September 30, 2015. Additionally, due to some of its historical acquisitions which included intangibles with an indefinite life, the Company continues to accumulate a deferred tax liability which is recorded outside the net deferred tax asset and valuation allowance. A deferred tax liability is recorded within other current liabilities in the amount of $537,000 and non-current liabilities in the amount of 763,000 within our condensed consolidated balance sheets.

The deferred tax expense for the three and nine months ended September 30, 2015 was approximately $36,000 and $109,000 respectively. Deferred tax expense for the three and nine months ended September 30, 2014 was approximately $134,000 and $224,000, respectively. The Company records no current income tax expense related to its domestic activities due to historical or current net operating losses. Current tax expense/(benefit) for the three and nine months ended September 30, 2015 was $(66,000) and $247,000, respectively. Current tax expense for the three and nine months ended September 30, 2014 was approximately $298,000 and $790,000, respectively. The current tax is based on the Company’s activities in certain foreign jurisdictions which are currently profitable and no loss carryover is available to offset the income.