Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense

The components of the Company’s income tax expense are as follows:

	Successor			Predecessor
	March 15, 2018 to December 31, 2018			January 1, 2018 to March 14, 2018		January 1, 2017 to December 31, 2017
Current:
Federal	$	3,483		$	85	$	5,253
State		609			3		862
		4,092			88		6,115
Deferred:
Federal		(1,738	)		460		(859	)
State		(36	)		170		(171	)
		(1,774	)		630		(1,030	)
Income tax expense	$	2,318		$	718	$	5,085

Schedule of Income Taxes Calculated Using Statutory Federal Income Tax Rate

A reconciliation of income taxes calculated using the statutory federal income tax rate (21% in 2018 and 34% in 2017) to the Company’s income tax expense is as follows:

	Successor						Predecessor
	March 15, 2018 to December 31, 2018						January 1, 2018 to March 14, 2018						January 1, 2017 to December 31, 2017
	Amount			%			Amount			%			Amount			%
Income taxes at statutory rate	$	(59	)		21.0	%	$	635			21.0	%	$	4,540			34.0	%
Non-deductible expense		35			-12.4	%		10			0.3	%		48			0.4	%
State income taxes, net of federal tax effect		500			-177.4	%		110			3.6	%		450			3.4	%
Transaction costs		623			-221.3	%		578			18.9	%		-			0.0	%
Stock-based compensation and officer compensation		1,248			-442.7	%		(241	)		-7.9	%		-			0.0	%
Long-term incentive plan		-			0.0	%		(412	)		-13.5	%		-			0.0	%
Effect of increase in statutory rate for current year		-			0.0	%		-			0.0	%		80			0.6	%
Tax rate adjustments		-			0.0	%		-			0.0	%		(12	)		-0.1	%
Other credits and changes in estimate and true ups		(29	)		10.6	%		38			1.3	%		(21	)		-0.3	%
Income tax expense	$	2,318			-822.2	%	$	718			23.7	%	$	5,085			38.0	%

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities were as follows:

	Successor			Predecessor
	As of			As of
	December 31, 2018			December 31, 2017
Deferred tax assets:
Accounts receivable	$	173		$	253
Accrued charge-backs		821			594
Other accrued liabilities		407			424
Goodwill		-			274
Financing liability		15,463			13,574
Transaction costs		-			579
Stock based compensation		676			165
Other, net		192			215
		17,732			16,078
Deferred tax liabilities:
Prepaid expenses		(370	)		(202	)
Goodwill		(115	)		-
Inventories		(4,939	)		(1,531	)
Property and equipment		(16,027	)		(9,178	)
Intangible assets		(14,998	)		(5,023	)
		(36,449	)		(15,934	)
Net deferred tax (liabilities)/assets	$	(18,717	)	$	144