Income Taxes - (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes for 2021, 2020, and 2019 consists of the following:

	2021			2020			2019
(amounts in thousands)
Domestic and foreign components of income before    income taxes are as follows:
Domestic	$	4,797		$	2,497		$	2,306
Foreign		6,940			8,164			3,983
Total income before income taxes	$	11,737		$	10,661		$	6,289
The provision (benefit) for income taxes consists of:
Current tax:
U.S. federal	$	(219	)	$	258		$	62
Foreign		2,654			2,679			1,947
U.S. state and local		138			365			107
Total current tax		2,573			3,302			2,116
Deferred tax:
U.S. federal		(3,810	)		—			—
Foreign		60			(280	)		48
U.S. state and local		(816	)		—			—
Total deferred tax		(4,566	)		(280	)		48
Total tax	$	(1,993	)	$	3,022		$	2,164
The effective and statutory income tax rate can be reconciled    as follows:
Tax at statutory rate	$	2,465		$	2,239		$	1,321
State tax, net of federal benefit		280			53			121
Non-taxable income		(192	)		(393	)		(250	)
Non-deductible expenses		9			569			720
Change in estimate primarily related to foreign taxes		352			(227	)		100
Change in valuation allowance related to U.S. federal taxes		(5,229	)		1,952			(629	)
Change in estimate primarily related to U.S. federal taxes		—			(1,141	)		—
Tax credits		(260	)		(679	)		(164	)
GILTI		—			146			376
Foreign rate differential		504			488			531
Other, net		78			15			38
Total tax	$	(1,993	)	$	3,022		$	2,164
Effective income tax rate		(17.0	)%		28.3	%		34.4	%

Schedule of Deferred Tax Assets and Liabilities

The Company’s deferred tax assets and liabilities at December 31, 2021 and 2020 consist of the following:

December 31,	2021			2020
(amounts in thousands)
Assets
Deferred compensation	$	4,498		$	5,475
Loss and credit carryforwards		1,454			522
Accruals deductible for tax purposes when paid		908			1,551
State taxes		639			836
Depreciation		42			52
Unrealized gain		74			12
Leases		5,691			5,686
Other		13			88
Gross deferred tax assets		13,319			14,222
Deferred tax asset valuation allowance		(2,128	)		(7,664	)
Gross deferred tax assets less valuation allowance		11,191			6,558
Liabilities
Amortization		(1,847	)		(2,317	)
Depreciation		(477	)		(312	)
Leases		(5,691	)		(5,686	)
Deferred compensation		(22	)		(24	)
Gross deferred tax liabilities		(8,037	)		(8,339	)
Net deferred tax assets (liabilities)	$	3,154		$	(1,781	)
Net deferred tax assets and liabilities are recorded as follows:
Net non-current assets	$	4,946		$	393
Net non-current liabilities		(1,792	)		(2,174	)
Net deferred tax assets (liabilities)	$	3,154		$	(1,781	)