Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Taxes

Schedule of components of loss before income taxes

	YEAR ENDED DECEMBER 31,
	2021		2020		2019
Domestic	$	(10,373)	$	(55,355)	$	(12,995)
Foreign		6,998		5,174		3,844
Total	$	(3,375)	$	(50,181)	$	(9,151)

Schedule of components of income tax expense (benefit)

	DECEMBER 31,
	2021		2020		2019
Current tax provision
Federal	$	451	$	326	$	483
State and local		1,798		1,659		1,692
Foreign		8,826		4,634		4,303
Total current		11,075		6,619		6,478
Deferred tax benefit
Federal		(4,416)		(3,620)		3,137
State and local		(1,156)		276		(5,431)
Foreign		4,388		(4,059)		(4,409)
Total deferred		(1,184)		(7,403)		(6,703)
Total provision (benefit)	$	9,891	$	(784)	$	(225)

Schedule of primary reconciling items between the statutory income tax rate and the effective income tax rate

	2021				2020				2019
Tax at U.S. federal statutory rate	$	(709)	21.00	%	$	(10,538)	21.00	%	$	(1,919)	21.00	%
State taxes, net of federal benefit		226	(6.71)	%		1,125	(2.24)	%		(3,852)	42.14	%
Foreign rate differential		3,872	(114.72)	%		2,296	(4.58)	%		1,654	(18.09)	%
Permanent items		(670)	19.84	%		(139)	0.28	%		(177)	1.93	%
Equity compensation		3,534	(104.70)	%		13,562	(27.03)	%		412	(4.51)	%
GIL TI inclusion		540	(16.00)	%		932	(1.86)	%		570	(6.24)	%
Tax credits		(7,060)	209.19	%		(7,618)	15.18	%		(4,264)	46.65	%
Rate change		5,256	(155.75)	%		2,076	(4.14)	%		(2,922)	31.97	%
Other adjustments		3,131	(92.76)	%		1,223	(2.43)	%		3,736	(40.87)	%
Return to provision adjustments		(66)	1.95	%		(103)	0.21	%		(139)	1.52	%
Valuation allowance		1,837	(54.40)	%		(3,600)	7.17	%		6,676	(73.04)	%
Effective tax rate	$	9,891	(293.06)	%	$	(784)	1.56	%	$	(225)	2.46	%

Schedule of tax effects of temporary differences that gave rise to deferred tax assets and liabilities

	DECEMBER 31,
	2021		2020
Deferred tax assets
Accounts receivable	$	61	$	29
Accrued compensation		3,552		4,222
Accrued expenses		-		137
Deferred revenue		696		—
Net operating loss carryforwards		4,117		5,229
R&D credit carryforward		4,965		7,054
Foreign tax credits		15,054		12,485
Interest rate hedge		253		925
Equity based compensation		3,015		—
Other assets		380		115
Interest expense		224		869
Right-of-use (ROU) Liability		2,944		—
Total gross deferred tax asset		35,261		31,065
Less: Valuation allowance		(18,235)		(16,715)
Net deferred tax asset		17,026		14,350
Deferred tax liabilities
Property, equipment, and other long-lived assets		(272)		(359)
Goodwill and intangible assets		(83,844)		(83,935)
Prepaid expenses		(1,968)		(1,724)
Accrued expenses		(184)		—
Deferred revenue		—		(1,482)
Right-of-use (ROU) Asset		(2,783)		—
Total gross deferred tax liability		(89,051)		(87,500)
Net deferred tax liability	$	(72,025)	$	(73,150)

Schedule of reconciliation of the beginning and ending balance of unrecognized tax benefits

Balance at December 31, 2019	$	690
Additions for tax positions related to the current year		198
Additions for tax positions of prior years		9
Balance at December 31, 2020		897
Additions for tax positions related to the current year		156
Additions for tax positions of prior years		6
Balance at December 31, 2021	$	1,059