Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

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,
	2021		2020		2019
	(In thousands)
Current:
US federal	$	3,480	$	(249)	$	1,378
US state	250		(406)		909
Non US	13,219		10,681		12,861
	16,949		10,026		15,148
Deferred:
US federal	(4,802)		(1,220)		(3,781)
US state	(1,288)		(657)		(3,107)
Non US	(4,275)		(2,819)		(8,040)
	(10,365)		(4,696)		(14,928)
Total	$	6,584	$	5,330	$	220

Schedule of Income before Income Tax, Domestic and Foreign

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

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
US	$	(33,311)	$	(27,528)	$	(47,574)
Non US	106,834		121,685		138,365
Total	$	73,523	$	94,157	$	90,791

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,
	2021		2020		2019
Statutory US federal income tax rate	21.0	%	21.0	%	21.0	%
US state income taxes, net of federal benefit	(1.1)	%	(0.9)	%	(2.3)	%
Non-US tax rate differential	(3.2)	%	(12.2)	%	(13.6)	%
GILTI Related	13.7	%	12.5	%	18.6	%
Tax holidays	(14.3)	%	(4.0)	%	(6.0)	%
Tax Credits	(9.5)	%	(10.0)	%	(15.0)	%
Passive income exemption	—	%	(0.4)	%	(1.2)	%
Acquisition contingent earn-out liability adjustments	—	%	(0.7)	%	(4.0)	%
Nondeductible items	0.9	%	2.0	%	1.0	%
Effect of valuation allowance	0.6	%	(1.2)	%	1.2	%
Prior year Transition Tax and related true-ups	1.4	%	0.5	%	0.7	%
Uncertain tax positions	(0.5)	%	(1.0)	%	(0.1)	%
Other	—	%	—	%	(0.1)	%
Effective income tax rate	9.0	%	5.7	%	0.2	%

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

Deferred tax assets and liabilities are comprised of the following:

	December 31, 2021				December 31, 2020
	Deferred				Deferred
	Assets		Liabilities		Assets		Liabilities
	(In thousands)
Depreciation and amortization	$	—	$	6,424	$	—	$	3,450
Share-based compensation	307		—		451		—
Accruals and prepaids	5,613		—		6,586		—
Bad debts	6,139		—		2,727		—
Acquired intangible assets	—		12,509		—		13,071
Net operating loss carryforwards	37,242		—		33,247		—
Tax credit carryforwards (primarily Minimum Alternative Tax ("MAT") in India)	53,995		—		48,669		—
	103,296		18,933		91,680		16,521
Valuation allowance	(999)		—		(2,160)		—
Total deferred taxes	$	102,297	$	18,933	$	89,520	$	16,521

Summary of Operating Loss Carryforwards

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

	Year Ended December 31,
	2021		2020
	(In thousands)
US Federal loss carryforwards	$	52,544	$	55,029
US state loss carryforwards	85,635		79,907
Foreign loss carryforwards	90,826		73,922
US Federal credit carryforwards	7,144		1,818
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,
	2021		2020		2019
	(In thousands)
Beginning Balance	$	8,291	$	9,199	$	9,294
Additions for tax positions related to current year	—		—		—
Additions for tax positions of prior years	769		966		195
Reductions for tax position of prior years	(2,860)		(1,874)		(290)
Ending Balance	$	6,200	$	8,291	$	9,199