Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

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,
	2020		2019		2018
	(In thousands)
Current:
US federal	$	(249)	$	1,378	$	22,353
US state	(406)		909		847
Non US	10,681		12,861		15,212
	10,026		15,148		38,412
Deferred:
US federal	(1,220)		(3,781)		5,617
US state	(657)		(3,107)		(1,031)
Non US	(2,819)		(8,040)		(10,497)
	(4,696)		(14,928)		(5,911)
Total	$	5,330	$	220	$	32,501

Schedule of Income before Income Tax, Domestic and Foreign

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

	Year Ended December 31,
	2020		2019		2018
	(In thousands)
US	$	(27,528)	$	(47,574)	$	(36,202)
Non US	121,685		138,365		161,784
Total	$	94,157	$	90,791	$	125,582

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,
	2020		2019		2018
Statutory US federal income tax rate	21.0	%	21.0	%	21.0	%
US state income taxes, net of federal benefit	(0.9)	%	(2.3)	%	(0.3)	%
Non-US tax rate differential	(12.2)	%	(13.6)	%	(15.2)	%
GILTI Related	12.5	%	18.6	%	15.1	%
SubPart F	—	%	—	%	0.7	%
Tax holidays	(4.0)	%	(6.0)	%	(3.4)	%
Tax Credits	(10.0)	%	(15.0)	%	(10.6)	%
Passive income exemption	(0.4)	%	(1.2)	%	(0.9)	%
Acquisition contingent earnout liability adjustments	(0.7)	%	(4.0)	%	(0.2)	%
Nondeductible items	2.0	%	1.0	%	(0.1)	%
Effect of valuation allowance	(1.2)	%	1.2	%	(0.1)	%
Prior year Transition Tax and related true-ups	0.5	%	0.7	%	19.5	%
Uncertain tax positions	(1.0)	%	(0.1)	%	0.1	%
Other	—	%	(0.1)	%	0.3	%
Effective income tax rate	5.7	%	0.2	%	25.9	%

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

Deferred tax assets and liabilities are comprised of the following:

	December 31, 2020				December 31, 2019
	Deferred				Deferred
	Assets		Liabilities		Assets		Liabilities
	(In thousands)
Depreciation and amortization	$	—	$	3,450	$	—	$	3,562
Share-based compensation	451		—		959		—
Accruals and prepaids	6,586		—		6,806		—
Bad debts	2,727		—		2,594		—
Acquired intangible assets	—		13,071		—		13,335
Net operating loss carryforwards	33,247		—		27,607		—
Tax credit carryforwards (primarily Minimum Alternative Tax ("MAT") in India)	48,669		—		50,210		—
	91,680		16,521		88,176		16,897
Valuation allowance	(2,160)		—		(3,288)		—
Total deferred taxes	$	89,520	$	16,521	$	84,888	$	16,897

Summary of Operating Loss Carryforwards

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

	Year Ended December 31,
	2020		2019
	(In thousands)
US Federal loss carryforwards	$	55,029	$	48,623
US state loss carryforwards	79,907		65,412
Foreign loss carryforwards	73,922		58,660
US Federal credit carryforwards	1,818		3,359
Foreign credit carryforwards	46,851		46,851

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,
	2020		2019		2018
	(In thousands)
Beginning Balance	$	9,199	$	9,294	$	9,144
Additions for tax positions related to current year	—		—		150
Additions for tax positions of prior years	966		195		—
Reductions for tax position of prior years	(1,874)		(290)		—
Ending Balance	$	8,291	$	9,199	$	9,294