Income Taxes Income Tax (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Income (loss) from continuing operations before income taxes

Income (loss) from operations before income taxes consisted of the following:

	(Dollars in thousands)
	Year Ended December 31,
	2017			2016			2015
United States	$	10,159		$	(708	)	$	3,583
Canada	(65		)	(823		)	(2,431		)
	$	10,094		$	(1,531	)	$	1,152

Components of provision (benefit) for income taxes

Provision (benefit) for income taxes from operations for the years ended December 31, consisted of the following:

	(Dollars in thousands)
	Year Ended December 31,
	2017			2016			2015
Current income tax expense (benefit):
U.S. federal	$	296		$	97		$	(461	)
U.S. state	129			(33		)	75
Canada	1,209			3			1,241
Total	$	1,634		$	67		$	855
Deferred income tax expense (benefit):
U.S. federal	$	(17,971	)	$	—		$	—
U.S. state	(3,257		)	31			—
Canada	—			—			—
Total	$	(21,228	)	$	31		$	—
Total income tax expense (benefit):
U.S. federal	$	(17,675	)	$	97		$	(461	)
U.S. state	(3,128		)	(2		)	75
Canada	1,209			3			1,241
Total	$	(19,594	)	$	98		$	855

Reconciliation between effective income tax rate and statutory federal rate

The reconciliation between the effective income tax rate and the statutory federal rate for operations was as follows:

	Year Ended December 31,
	2017		2016		2015
Statutory federal rate	35.0	%	35.0	%	35.0	%
Increase (decrease) resulting from:
Change in valuation allowance - reversal	(210.5	)	—		—
Change in valuation allowance - federal tax rate change	(126.4	)	—		—
Change in valuation allowance - current period activity	(65.7	)	14.5		(86.4	)
Federal tax rate change	126.4		—		—
Foreign income inclusion	29.2		—		—
Change in uncertain tax positions	7.7		0.6		56.2
State and local taxes, net	4.7		(17.4	)	10.4
Alternative minimum tax	3.6		(6.3	)	7.6
Meals & entertainment	1.4		(9.0	)	11.6
Executive life insurance	0.9		(3.1	)	2.4
Provision to return differences	(0.7	)	(4.5	)	24.4
Captive insurance income	0.3		(3.0	)	—
Foreign tax rate differential	0.1		(14.3	)	17.9
Other items, net	(0.1	)	1.1		(4.9	)
Provision for income taxes (benefit)	(194.1	)%	(6.4	)%	74.2	%

Deferred tax assets and liabilities

Deferred income tax assets and liabilities contain the following temporary differences:

	(Dollars in thousands)
	December 31,
	2017			2016
Deferred tax assets:
Net operating loss carryforward	$	12,120		$	17,518
Compensation and benefits	7,828			12,126
Inventory reserve	1,689			2,750
Capital loss carryforward	1,326			2,210
Accounts receivable reserve	130			183
Other	1,155			1,770
Total deferred tax assets	24,248			36,557
Deferred tax liabilities:
Intangible assets	3,115			—
Property, plant and equipment	41			433
Other	403			688
Total deferred liabilities	3,559			1,121
Net deferred tax assets before valuation allowance	20,689			35,436
Valuation allowance	(2,556		)	(35,416		)
Net deferred tax assets	$	18,133		$	20

Reconciliation of the beginning and ending amount of unrecognized tax benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	(Dollars in thousands)
	December 31,
	2017		2016
Balance at beginning of year	$	3,249	$	3,136
Additions for tax positions of current year	865		544
Additions for tax positions of prior years	141		116
Reductions for tax positions of prior year	—		(547		)
Balance at end of year	$	4,255	$	3,249