Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The income tax expense (benefit) consists of the following:

	Year Ended December 31,
	2019			2018			2017
	(In thousands)
Current:
US federal	$	1,378		$	22,353		$	2,390
US state	909			847			1,153
Non US	12,861			15,212			8,266
	15,148			38,412			11,809
Deferred:
US federal	(3,781		)	5,617			(5,558		)
US state	(3,107		)	(1,031		)	(976		)
Non US	(8,040		)	(10,497		)	(4,498		)
	(14,928		)	(5,911		)	(11,032		)
Total	$	220		$	32,501		$	777

Schedule of Income before Income Tax, Domestic and Foreign

Income (loss) before income taxes includes the following components:

	Year Ended December 31,
	2019			2018			2017
	(In thousands)
US	$	(47,574	)	$	(36,202	)	$	(13,355	)
Non US	138,365			161,784			116,715
Total	$	90,791		$	125,582		$	103,360

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory federal income tax rate to the effective income tax rate consists of the following:

	Year Ended December 31,
	2019		2018		2017
Statutory US federal income tax rate	21.0	%	21.0	%	34.0	%
US state income taxes, net of federal benefit	(2.3	)%	(0.3	)%	(0.8	)%
Non-US tax rate differential	(13.6	)%	(15.2	)%	(28.7	)%
GILTI Related	18.6	%	15.1	%	—	%
SubPart F	—	%	0.7	%	—	%
Tax holidays	(6.0	)%	(3.4	)%	(3.5	)%
Tax Credits	(15.0	)%	(10.6	)%	(1.4	)%
Passive income exemption	(1.2	)%	(0.9	)%	(2.1	)%
Acquisition contingent earnout liability adjustments	(4.0	)%	(0.2	)%	—	%
Nondeductible items	1.0	%	(0.1	)%	2.5	%
Effect of valuation allowance	1.2	%	(0.1	)%	(3.6	)%
Prior year Transition Tax and related true-ups	0.7	%	19.5	%	1.1	%
Uncertain tax positions	(0.1	)%	0.1	%	5.8	%
Rate change on deferred taxes primarily due to tax reform	—	%	—	%	(2.4	)%
Other	(0.1	)%	0.3	%	(0.1	)%
Effective income tax rate	0.2	%	25.9	%	0.8	%

Deferred Income Tax, Temporary Differences Between Amounts of Assets and Liabilities

Deferred tax assets and liabilities are comprised of the following:

	December 31, 2019					December 31, 2018
	Deferred					Deferred
	Assets			Liabilities		Assets			Liabilities
	(In thousands)
Depreciation and amortization	$	—		$	3,562	$	—		$	2,315
Share-based compensation	959			—		521			—
Accruals and prepaids	6,806			—		8,143			—
Bad debts	2,594			—		3,215			—
Acquired intangible assets	—			13,335		—			17,800
Net operating loss carryforwards	27,607			—		19,958			—
Tax credit carryforwards (primarily Minimum Alternative Tax ("MAT") in India)	50,210			—		43,656			—
	88,176			16,897		75,493			20,115
Valuation allowance	(3,288		)	—		(2,031		)	—
Total deferred taxes	$	84,888		$	16,897	$	73,462		$	20,115

Schedule of Deferred Tax Assets and Liabilities

Amounts recognized in the consolidated balance sheets:

	2019	2018
	(In thousands)
Non-current deferred tax assets	69,227	54,629
ASU 2013-11 reclass, described below	—	—
Net deferred tax assets	69,227	54,629
Non-current deferred tax liabilities	1,235	1,282

Summary of Operating Loss Carryforwards

We have US Federal, state and foreign operating losses and credit carryforwards as follows:

	Year Ended December 31,
	2019		2018
	(In thousands)
US Federal loss carryforwards	$	48,623	$	43,116
US state loss carryforwards	65,412		38,307
Foreign loss carryforwards	58,660		40,349
US Federal credit carryforwards	3,359		901
Foreign credit carryforwards	46,851		42,755

Schedule of Unrecognized Tax Benefits Roll Forward

The following table summarizes the activity related to provision made by the Company in the books for uncertain tax positions:

	Year Ended December 31,
	2019			2018		2017
	(In thousands)
Beginning Balance	$	9,294		$	9,144	$	3,265
Additions for tax positions related to current year	—			150		—
Additions for tax positions of prior years	195			—		5,879
Reductions for tax position of prior years	(290		)	—		—
Ending Balance	$	9,199		$	9,294	$	9,144