Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Domestic and Foreign Components of Income Before Provision for Income Taxes

The domestic and foreign components of (loss) before provision for income taxes consist of the following (amounts in thousands):



	Year Ended December 31,
	2019			2018			2017
United States	$	(105,961	)	$	(38,078	)	$	(25,585	)
Israel	2,791			3,163			3,458
United Kingdom	5,377			3,690			2,087
Netherlands	(465		)	3,235			1,568
Australia	716			686			(1,979		)
Germany	3,854			2,900			2,424
Other ⁽¹⁾	462			230			337
	$	(93,226	)	$	(24,174	)	$	(17,690	)
⁽¹⁾ Includes Japan, Italy, Singapore, Canada, France, India and Spain

Schedule of Provision For Income Taxes

The provision for income taxes consists of the following (amounts in thousands):



	Year Ended December 31,
	2019			2018			2017
Current income taxes:
U.S. Federal	$	(452	)	$	(1,932	)	$	—
State and local	89			67			47
Foreign	4,415			3,032			2,852
Total current income taxes	4,052			1,167			2,899

Deferred income taxes:
U.S. Federal	126			(295		)	(1,289		)
State and local	135			(28		)	(1,144		)
Foreign	(1,468		)	14			35
Total deferred income taxes	(1,207		)	(309		)	(2,398		)
Total provision for income taxes	$	2,845		$	858		$	501

Schedule of Reconciliation of Federal Statutory Tax Rate to Effective Income Tax Rate

The difference between the total income taxes computed at the federal statutory rate and the provision for income taxes consists of the following:



	Year Ended December 31,
	2019		2018		2017
Federal statutory rate	21.00	%	21.00	%	34.00	%
State taxes, net of federal benefit	2.95	%	3.30	%	4.09	%
Non-deductible expenses – stock based compensation	1.82	%	4.73	%	(0.78	)%
Global Intangible Low Tax Income Inclusion	(2.29	)%	(7.99	)%	—	%
Non-deductible expenses – Other	(1.57	)%	(2.58	)%	(1.19	)%
Foreign taxes	(1.86	)%	(1.34	)%	(1.97	)%
Valuation allowance	(26.42	)%	(28.91	)%	26.12	%
Stock based compensation - excess tax benefit	6.18	%	6.10	%	—	%
Effect of new tax legislation	—	%	—	%	(56.84	)%
Other	(2.86	)%	2.09	%	(6.26	)%
Total provision	(3.05	)%	(3.60	)%	(2.83	)%

Schedule of Federal Deferred Tax Assets and Deferred Tax Liabilities

The effects of temporary differences and federal NOL carryforwards that give rise to significant portions of federal deferred tax assets and deferred tax liabilities at December 31, 2019 and 2018 are presented below (amounts in thousands):



	Year Ended December 31,
	2019			2018
Deferred tax assets:
Net operating loss carryforwards	$	49,423		$	18,083
Original Issue Discount	5,201			—
Interest	875			—
Operating lease liability	3,306			—
Accounts payable and accrued expenses	5,934			4,024
Non-cash compensation	4,195			9,597
Intangibles amortization	3,273			5,691
Allowance for doubtful accounts	419			315
Total deferred tax assets	72,626			37,710
Less valuation allowance	(48,451		)	(30,185		)
Deferred tax assets, net of valuation allowance	24,175			7,525
Deferred tax liabilities:
Property and equipment	(6,361		)	(3,736		)
Goodwill amortization and contingent earn-out adjustments	(3,430		)	(4,172		)
Convertible Notes Issuance	(11,055		)	—
Operating lease right of use asset	(2,504		)	—
Total deferred tax liabilities	(23,350		)	(7,908		)
Net deferred tax assets (liabilities)	$	825		$	(383	)

Schedule of Unrecognized Tax Benefits Roll Forward

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



	Year Ended December 31,
	2019			2018
Unrecognized tax benefits balance at January 1	$	1,921		$	4,924
Gross increase for tax positions of prior years	—			—
Gross increase for tax positions of current years	584			405
Decrease due to expiration of statue	(452		)	(445		)
Decrease due to settlement	—			(2,963		)
Gross unrecognized tax benefits at December 31	$	2,053		$	1,921