Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Components of Income (Loss) Before Income Taxes

The components of income (loss) before income taxes are as follows (in thousands):

	Predecessor			Successor
	Period from			Period from
	January 1, 2014			February 1, 2014
	through			through			Year ended December 31,
	January 31, 2014			December 31, 2014			2015		2016
Domestic	$	1,709		$	(13,517	)	$	8,053	$	9,677
Foreign		(74	)		686			625		135
Total	$	1,635		$	(12,831	)	$	8,678	$	9,812

Schedule of Components of (Provision) Benefit for Income Taxes

The components of the (provision) benefit for income taxes are as follows (in thousands):

	Predecessor			Successor
	Period from			Period from
	January 1, 2014			February 1, 2014
	through			through			Year ended December 31,
	January 31, 2014			December 31, 2014			2015			2016
Current:
U.S. federal	$	1,394		$	(363	)	$	(6,837	)	$	(9,978	)
State		(5	)		(111	)		(1,026	)		(2,096	)
Foreign		18			(257	)		(391	)		-
Total current		1,407			(731	)		(8,254	)		(12,074	)
Deferred:
U.S. federal		(1,881	)		3,881			3,710			8,384
State		(68	)		324			201			(773	)
Foreign		-			71			22			(36	)
Total deferred		(1,949	)		4,276			3,933			7,575
Total (provision) benefit for income taxes	$	(542	)	$	3,545		$	(4,321	)	$	(4,499	)

Schedule of Reconciliation of Federal Statutory Rate to Company's Effective Tax Rate

The following table presents a reconciliation of the federal statutory rate to the Company’s effective tax rate:

	Predecessor			Successor
	Period from			Period from
	January 1, 2014			February 1, 2014
	through			through			Year ended December 31,
	January 31, 2014			December 31, 2014			2015			2016
Federal statutory rate		34.0	%		34.0	%		35.0	%		35.0	%
State tax-net of federal benefit		1.7	%		1.7	%		2.2	%		0.7	%
State tax deferred rate change		0.0	%		0.0	%		0.3	%		18.7	%
Impact of foreign operations		0.4	%		1.0	%		(0.2	%)		0.1	%
U.S. subpart F income		0.0	%		(2.2	%)		2.5	%		0.5	%
Nondeductible transaction-related costs		0.0	%		(6.5	%)		0.0	%		2.0	%
Uncertain tax positions		0.0	%		(0.2	%)		5.3	%		2.0	%
Stock based compensation		0.0	%		0.0	%		0.6	%		(16.8	%)
Others		(3.0	%)		(0.2	%)		4.1	%		3.7	%
Effective tax rate		33.1	%		27.6	%		49.8	%		45.9	%

Schedule of Components of Net Deferred Taxes

The components of net deferred taxes arising from temporary differences are as follows (in thousands):

	December 31, 2015		December 31, 2016
Deferred tax assets:
Compensation	$	1,969	$	1,848
Inventories and receivables		1,604		6,905
Accrued expenses		2,120		1,996
Stock compensation		238		1,967
Net operating losses		-		232
Other		446		1,304
Deferred tax assets		6,377		14,252
Deferred tax liabilities:
Goodwill		1,614		2,562
Fixed assets		1,620		2,699
Intangible assets		44,493		42,587
Other		514		579
Deferred tax liabilities		48,241		48,427
Net deferred tax liabilities	$	41,864	$	34,175

Schedule of Deferred Tax Assets and Liabilities Within the Same Jurisdiction

The deferred tax assets and liabilities within the same jurisdiction are reported net in the accompanying balance sheets as follows (in thousands):

	December 31, 2015		December 31, 2016
Noncurrent deferred tax assets	$	262	$	37
Noncurrent deferred tax liabilities		42,126		34,212
Net deferred tax liabilities	$	41,864	$	34,175

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

	Predecessor		Successor
	Period from		Period from
	January 1, 2014		February 1, 2014
	through		through		Year ended December 31,
	January 31, 2014		December 31, 2014		2015		2016
Balance at beginning of year	$	581	$	581	$	607	$	1,256
Increases for prior year tax positions		-		-		1		438
Increases for current year tax positions		-		26		648		103
Decreases for prior year tax positions		-		-		-		(589	)
Decreases due to settlements		-		-		-		-
Decreases due to statutes lapsing		-		-		-		-
Balance at end of year	$	581	$	607	$	1,256	$	1,208