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INCOME TAXES - (Tables)
12 Months Ended
Dec. 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) Components of income tax (benefit) expense for the year ended December 31, 2018 was as follows:
(in thousands)
December 31, 2018
U.S. current income tax expense
 
    Federal
$
29

    State and local
418

    Total current income tax expense
447

 
 
U.S. deferred income tax (benefit)
 
    Federal
(1,901
)
    State and local
(305
)
    Total deferred income tax (benefit)
(2,206
)
 
 
    Total income tax (benefit)
$
(1,759
)
Schedule of Effective Income Tax Rate Reconciliation The following table provides a reconciliation of the income tax benefit at the statutory U.S. federal tax rate to actual income tax benefit for the year ended December 31, 2018:
(in thousands)
December 31, 2018
U.S. federal statutory (benefit)
$
(3,528
)
Earnings as dual-member LLC
1,643

State and local income taxes, net
89

Excess tax benefits pursuant to ASU 2016-09
140

Valuation allowance changes
(66
)
Nondeductible items
86

Tax credits
(123
)
Income tax (benefit)
$
(1,759
)
Schedule of Deferred Tax Assets and Liabilities The significant components of deferred income taxes were as follows:
(in thousands)
December 31, 2018
 
 
Deferred Tax Assets:
 
Accruals and reserves
$
861

Intangible assets
53,383

Net operating loss carryforwards
796

Interest limitation carryforwards
2,638

Other
1,098

Gross deferred tax assets
58,776

     Valuation allowance
(842
)
     Total deferred tax assets
57,934

 
 
Deferred Tax Liabilities:
 
Prepaid assets
(632
)
Investments in partnership
(3,896
)
Property and equipment
(3,714
)
Total deferred tax liabilities
(8,242
)
 
 
Net deferred tax assets
$
49,692