Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Domestic and Foreign (Loss) income, Before Income Taxes

(Loss) income before income taxes consists of the following (in thousands):

	Year Ended December 31,
	2015			2014			2013
Domestic	$	(8,771	)	$	(489	)	$	(4,091	)
Foreign		6,642			4,867			10,817
(Loss) income before income taxes	$	(2,129	)	$	4,378		$	6,726

Components of the Provision (Benefit) for Income Taxes

The components of the provision (benefit) for income taxes are as follows (in thousands):

	Year Ended December 31,
	2015			2014		2013
Current:
Federal	$	(9	)	$	134	$	(20	)
State		14			323		(2	)
Foreign		—			531		—
Total current		5			988		(22	)
Deferred:
Federal		—			—		—
State		—			—		—
Foreign		—			—		44
Total deferred		—			—		44
Provision for income taxes	$	5		$	988	$	22

Reconciliation of the Federal Statutory Rate to Effective Tax Rate

The reconciliation of the federal statutory rate to Juniper’s effective tax rate is as follows:

	2015			2014			2013
Federal income tax rate		34.0	%		34.0	%		34.0	%
Foreign rate differential		106.1	%		(31.6	)%		(53.9	)%
State tax, net of federal benefit		(2.4	)		77.8			8.5
Permanent Items:
Change in fair value of redeemable warrants		—			—			—
Change in fair market value of stock warrants		—			(3.0	)		(4.0	)
Incentive stock options		(10.4	)		2.4			—
Dividend from foreign subsidiary		(55.9	)		54.9			—
Subpart F inclusion		—			—			8.9
Acquisition costs capitalized		—			—			3.3
Amortization of technical rights		16.4			(8.0	)		(5.2	)
Deferred adjustments		4.8			2.6			(6.0	)
Discrete prior year New Jersey liability		—			7.3			—
Other		(0.5	)		0.8			1.1
Effect of permanent differences		(45.5	)		57.0			(1.9	)
Effective income tax rate		92.1			137.2			(13.3	)
Change in valuation allowance		(92.3	)		(114.6	)		13.6
Effective income tax rate		(0.2	)%		22.6	%		0.3	%

Components of Net Deferred Tax Assets and Liabilities

The components of Juniper’s net deferred tax assets and liabilities are as follows (in thousands):

	December 31, 2015			December 31, 2014
Share based awards compensation	$	1,502		$	1,085
Allowance for returns		—			—
Inventory reserve		—			—
Book accumulated depreciation net of tax		(1,386	)		(1,475	)
Other deferred revenue		249			335
Patents		1,396			1,290
Federal net operating loss		53,700			52,050
State net operating loss		912			1,133
Foreign losses		2,929			2,368
R&D credit carryover		1,723			1,723
Write-up of intangibles		(337	)		(443	)
Other		162			201
Net deferred tax assets		60,850			58,267
Less: valuation allowance:
Federal		(60,850	)		(58,267	)
Deferred tax asset	$	—		$	—