Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Consolidated loss before income taxes for the years ended December 31, 2020, 2019 and 2018 consisted of the following (in thousands):

	2020		2019		2018
United States	$	(534,452)	$	(254,291)	$	(29,424)
Foreign	123		13,564		7,692
Total	$	(534,329)	$	(240,727)	$	(21,732)

Schedule of Components of Income Tax Expense (Benefit)

Components of income tax benefit for the years ended December 31, 2020, 2019 and 2018 consisted of the following (in thousands):

	2020		2019		2018
Current:
United States	$	(44,399)	$	300	$	(5,549)
U.S. state	235		292		1,534
Foreign	2,622		5,958		4,877
	(41,542)		6,550		862
Deferred:
United States	(20,913)		(13,972)		(2,592)
U.S. state	(1,798)		(473)		(95)
Foreign	(1,693)		(1,024)		(802)
	(24,404)		(15,469)		(3,489)
Total income tax benefit	$	(65,946)	$	(8,919)	$	(2,627)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the U.S. statutory tax benefit rate to the effective tax benefit rate for the years ended December 31, 2020, 2019 and 2018 is as follows:

	2020		2019		2018
U.S. statutory tax benefit rate	(21.0)	%	(21.0)	%	(21.0)	%
Impairments of goodwill	12.3		14.4		—
Effect of CARES Act	(3.1)		—		—
Effect of Tax Reform Legislation	—		—		(26.1)
Valuation allowance against tax assets	0.3		0.8		14.0
Non-deductible compensation	0.1		0.3		5.7
Other non-deductible expenses	0.1		0.2		12.6
Effect of foreign income taxed at different rates	0.1		0.7		0.5
State income taxes, net of federal benefits	(1.1)		(0.4)		(0.3)
Other, net	—		1.3		2.5
Effective tax benefit rate	(12.3)	%	(3.7)	%	(12.1)	%

Schedule of Deferred Tax Assets and Liabilities

The significant items giving rise to the deferred tax assets and liabilities as of December 31, 2020 and 2019 are as follows (in thousands):

	2020		2019
Deferred tax assets:
Foreign tax credit carryforwards	$	20,870	$	20,360
Net operating loss carryforwards	37,838		54,772
Employee benefits	7,353		10,778
Inventory	9,696		7,725
Operating lease liabilities	6,697		8,171
Other	7,649		4,562
Gross deferred tax asset	90,103		106,368
Valuation allowance	(35,497)		(35,828)
Net deferred tax asset	54,606		70,540
Deferred tax liabilities:
Tax over book depreciation	(27,613)		(36,387)
Intangible assets	(30,392)		(56,867)
Convertible senior notes discount	(2,790)		(4,964)
Operating lease assets	(5,884)		(8,047)
Other	(910)		(1,669)
Deferred tax liability	(67,589)		(107,934)
Net deferred tax liability	$	(12,983)	$	(37,394)

Schedule of Deferred Tax Reclassifications

	2020		2019
Balance sheet classification:
Other non-current assets	$	1,280	$	685
Deferred tax liability	(14,263)		(38,079)
Net deferred tax liability	$	(12,983)	$	(37,394)