Note 13 - Income Taxes

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Income Tax Disclosure [Text Block]

NOTE

13—INCOME

TAXES

During the

three

and

nine

months ended

September 30, 2019,

the Company recorded

no

provision for income taxes and an income tax benefit of

$306

resulting in an effective tax rate of

0.0%

and

4.3%,

respectively. This effective tax rate for the

three

and

nine

months ended

September 30, 2019

differs from the U.S. statutory tax rate primarily due to the effect of taxes on foreign earnings and valuation allowances recorded against current year losses.

During the

three

and

nine

months ended

September 30, 2018,

the Company recorded an income tax benefit of

$221

and an income tax expense of

$50

resulting in an effective tax rate of

14.5%

and (

1.2%

), respectively. The effective tax rate for the

three

and

nine

months ended

September 30, 2018

differs from the U.S. statutory tax rate primarily due to the effect of taxes on foreign earnings.