Income Tax Expense (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The components of income (loss) before income tax are as follows (in thousands):

	For the Years Ended December 31,
	2021		2020			2019
United States	$	10,028	$	(45,167	)	$	61,374
Other countries		26,082		(46,010	)		20,620
Income (loss) before income tax	$	36,110	$	(91,177	)	$	81,994

Schedule of Components of Income Tax Expense (Benefit)

The components of income tax expense (benefit) are as follows (in thousands):

	For the Years Ended December 31,
	2021		2020			2019
Current:
United States	$	1,983	$	5,181		$	8,786
Other countries		6,500		11,926			13,267
State and provincial		699		618			(28	)
Total current		9,182		17,725			22,025
Deferred:
United States		905		(69	)		(57,250	)
Other countries		5,630		(11,144	)		23,558
State and provincial		174		(616	)		(623	)
Total deferred		6,709		(11,829	)		(34,315	)
Income tax expense (benefit)	$	15,891	$	5,896		$	(12,290	)

Schedule of Effective Income Tax Rate Reconciliation

The differences in income tax expense (benefit) computed using the Netherlands statutory income tax rate of 25% and our income tax expense (benefit) as reported in the accompanying consolidated statements of operations are as follows (in thousands):

	For the Years Ended December 31,
	2021			2020			2019
Tax at the Netherlands income tax rate	$	8,981		$	(23,005	)	$	22,895
International earnings taxed at rates other than the    Netherlands statutory rate		9,403			14,986			(1,343	)
Non-deductible expenses		1,875			2,977			3,516
Change in valuation allowance		1,113			23			(3,491	)
State and provincial taxes		462			(227	)		(825	)
Tax credits		(7,992	)		(5,975	)		(3,893	)
Benefit from corporate restructuring		—			—			(59,336	)
Unremitted earnings of subsidiaries		1,236			418			26,126
Adjustments of prior year taxes		1,320			545			(1,684	)
Adjustments of income tax reserves		(1,345	)		(1,965	)		1,084
Non-deductible goodwill impairment		—			15,547			—
Foreign exchange		(1,168	)		226			2,014
UK tax rate change		(905	)		—			—
Netherlands audit settlement		1,522			—			—
Accrued withholding taxes		1,648			2,092			2,603
Other		(259	)		254			44
Income tax expense (benefit)	$	15,891		$	5,896		$	(12,290	)

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities result from various temporary differences between the financial statement carrying amount and their tax basis. Deferred tax assets and liabilities are summarized as follows (in thousands):

	December 31,
	2021			2020
Deferred tax assets:
Net operating loss carry-forwards	$	10,622		$	13,892
Tax credit carry-forwards		4,658			2,996
Accruals for compensation		7,440			8,587
Accruals for inventory capitalization		3,192			3,445
Unrealized benefit from corporate restructuring		49,313			53,501
Intangibles		582			830
Unrealized benefit plan loss		1,974			2,366
Unrealized foreign exchange		2,853			2,852
UK tax rate change		905			—
Unearned revenue		1,024			741
Other		3,860			1,989
Total deferred tax assets		86,423			91,199
Valuation allowance		(7,377	)		(6,264	)
Net deferred tax assets		79,046			84,935
Deferred tax liabilities:
Property, plant and equipment		(4,139	)		(4,998	)
Accrued withholding taxes		(27,544	)		(26,916	)
Unrealized foreign exchange		(1,070	)		(610	)
Other		(167	)		(221	)
Total deferred tax liabilities		(32,920	)		(32,745	)
Net deferred income taxes	$	46,126		$	52,190

	December 31,
	2021			2020
Long-term deferred tax assets	$	70,462		$	72,775
Long-term deferred tax liabilities		(24,336	)		(20,585	)
Total deferred tax assets	$	46,126		$	52,190

Summary of Income Tax Contingencies

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

	For the Years Ended December 31,
	2021			2020			2019
Unrecognized tax benefits at January 1,	$	6,255		$	7,301		$	7,471
Tax positions, current period		204			1,650			495
Tax positions, prior period		(197	)		(491	)		(361	)
Settlements with taxing authorities		(1,395	)		(2,159	)		(18	)
Lapse of applicable statute of limitations		(540	)		(46	)		(286	)
Unrecognized tax benefits at December 31,	$	4,327		$	6,255		$	7,301