Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Domestic and Foreign Income (loss), Before Income Taxes

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

	Year Ended December 31,
	2016			2015			2014
Domestic	$	(2,090	)	$	(8,133	)	$	440
Foreign		8,132			6,642			4,867
Income (loss) before income taxes	$	6,042		$	(1,491	)	$	5,307

Components of the Provision for Income Taxes

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

	Year Ended December 31,
	2016		2015			2014
Current:
Federal	$	80	$	(9	)	$	117
State		11		14			3
Foreign				—			—
Total current		91		5			120
Deferred:
Foreign		—		—			531
Total deferred		—		—			531
Provision for income taxes	$	91	$	5		$	651

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:

	2016			2015			2014
Federal income tax rate		34.0	%		34.0	%		34.0	%
Foreign rate differential		(49.6	)%		151.5	%		(26.1	)%
State tax, net of federal benefit		13.4			(0.9	)		67.6
Permanent Items:
Change in fair market value of stock warrants		—			—			(2.4	)
Incentive stock options		1.0			(14.9	)		2.0
Dividend from foreign subsidiary		53.5			(79.8	)		45.2
Amortization of technical rights		(34.5	)		23.4			(6.6	)
Deferred adjustments		30.6			6.6			1.8
Other		(1.1	)		(0.5	)		0.8
Effect of permanent differences		49.5			(65.2	)		40.8
Effective income tax rate		47.3			119.4			116.3
Change in valuation allowance		(45.8	)		(119.7	)		(104.0	)
Effective income tax rate		1.5	%		(0.3	)%		12.3	%

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, 2016			December 31, 2015
Net Operating Loss	$	55,521		$	57,541
Tax Credits		2,034			1,723
Stock Based Compensation		997			1,502
Fixed Assets		(749	)		(1,386	)
Intangibles		843			1,059
Other		337			1,549
Net deferred tax assets		58,983			61,988
Less: valuation allowance:
Federal		(58,983	)		(61,988	)
Deferred tax asset	$	—		$	—