Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Income (loss) before income taxes

Income (loss) before income taxes for our U.S. and foreign operations was comprised of the following (in thousands):

	Year Ended December 31,
	2015			2014			2013
U.S.	$	(20,234	)	$	26,957		$	22,375
Foreign	(9,851		)	(6,986		)	1,366
	$	(30,085	)	$	19,971		$	23,741

The provision (benefit) for income taxes

The provision (benefit) for income taxes was comprised of the following (in thousands):

	Year Ended December 31,
	2015			2014			2013
Current:
Federal	$	(4	)	$	334		$	69
State	132			686			2,038
Foreign	65			—			(5,184		)
	193			1,020			(3,077		)
Deferred:
Federal	80,586			10,241			(90,827		)
State	1,119			526			(1,600		)
Foreign	(1,993		)	(1,494		)	5,564
	79,712			9,273			(86,863		)
Tax provision (benefit):
Federal	80,582			10,575			(90,758		)
State	1,251			1,212			438
Foreign	(1,928		)	(1,494		)	380
	$	79,905		$	10,293		$	(89,940	)

The differences between the U.S. Federal income taxes computed at the statutory rate (35%) and the Company's income taxes for financial reporting purposes

The differences between the U.S. federal income taxes computed at the statutory rate (35%) and the Company's income taxes for financial reporting purposes were as follows (in thousands):

	Year Ended December 31,
	2015			2014		2013
Statutory federal income tax	$	(10,530	)	$	6,990	$	8,309
Change in unrecognized tax benefits	422			186		199
State income tax, less federal benefit	(6		)	972		370
Foreign investment in U.S. property	—			999		1,203
Tax difference on foreign earnings	871			675		(196		)
Change in foreign taxes	415			—		(33		)
Change in valuation allowance	88,737			—		(100,492		)
Tax credits	(346		)	—		(361		)
Non-deductible expenses	359			289		869
Other, net	(17		)	182		192
Income tax provision (benefit)	$	79,905		$	10,293	$	(89,940	)

The components of the net deferred income tax asset (liability)

The components of the net deferred income tax asset (liability) reflected in the Company's consolidated balance sheets at December 31, 2015 and 2014 were as follows (in thousands):

	Deferred Tax Assets  (Liabilities)
	December 31,
	2015			2014
Deferred tax assets:
Depreciation and amortization	$	9,297		$	8,288
Deferred revenue	655			716
Net operating loss carryforwards	71,330			67,148
Alternative minimum tax credit carryforward	2,523			2,527
Research and development tax credit carryforward	566			1,133
Accrued expenses and other	8,211			8,153
Total deferred tax assets	92,582			87,965
Deferred tax liabilities:
Depreciation and amortization	(4,186		)	(7,870		)
Intangible assets	(1,854		)	(3,276		)
Deferred expenses and other	(127		)	(409		)
Total deferred tax liabilities	(6,167		)	(11,555		)
Valuation allowance:
Beginning balance	—			—
Increase during the period	(88,737		)	—
Total valuation allowance	(88,737		)	—
Net deferred tax asset (liability)	$	(2,322	)	$	76,410
Deferred income taxes have been classified in the consolidated balance sheet as:
Deferred income tax asset	$	39		$	81,744
Deferred income tax liability	(2,361		)	(5,334		)
Net deferred income tax asset (liability)	$	(2,322	)	$	76,410

A reconciliation of the beginning and ending gross unrecognized tax benefits

A reconciliation of the beginning and ending gross unrecognized tax benefits was as follows (in thousands):

	Year Ended December 31,
	2015			2014			2013
Balance at beginning of year	$	5,274		$	5,752		$	6,150
Additions based on prior year tax positions	197			—			—
Foreign currency translation	(853		)	(478		)	(398		)
Balance at end of year	$	4,618		$	5,274		$	5,752