Preparation of Interim Financial Statements and Other Items (Tables)

3 Months Ended

Mar. 31, 2018

Preparation Of Interim Financial Statements And Other Items

Schedule of provision for income tax

	Three Months Ended March 31,
	2018
Current:
Federal	$	211
State		240
Foreign		238
Total current income taxes		689
Deferred:
Federal		762
State		128
Foreign		73
Total deferred income taxes		963
Total provision for income taxes	$	1,652

Schedule of effective income tax rate

	Three Months Ended March 31,
	2018
Income taxes at 21% statutory tax rate	$	5,893
Net difference resulting from:
Profit of Cactus LLC Pre-IPO not subject to U.S. federal tax		(2,808)
Profit of non-controlling interest not subject to U.S. federal tax		(1,926)
Foreign earnings subject to different tax rates		50
State income taxes		318
Foreign withholding taxes		73
Change in valuation allowance		(20)
Other		72
Total provision for income taxes	$	1,652