Income Taxes - (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of (Loss) Income before Income Tax, Domestic and Foreign

The components of (loss) income before income taxes were as follows:


	Year Ended December 31,
	2019		2018
Domestic	$	(49,024)	$	(48,194)
Foreign	5,610		6,270

Schedule of Components of Income Tax (Benefit) Expense

The income taxes benefit consisted of the following components:


	Year Ended December 31,
	2019		2018
Federal
current	$	(99)	$	(413)
deferred	(4,834)		(5,000)
State
current	(116)		296
deferred	(1,189)		(1,761)
Foreign
current	1,307		1,986
deferred	32		113
	$	(4,899)	$	(4,779)

Schedule of Effective Income Tax Rate Reconciliation

The items accounting for differences between the income tax benefit computed at the federal statutory rate and the provision for income taxes were as follows:


	Year Ended December 31,
	2019			2018
Federal income tax at statutory rates	$	(9,117)		$	(8,804)
State income taxes, net of federal income tax benefits	(2,249)			(1,536)
Permanent items:
Foreign inclusions	1,104			369


Other permanent differences	585			804
Rate differential on foreign income	262			452
Valuation allowance	3,667			(40,849)
Provision to return adjustments	182			2,910
Net operating loss ("NOL") carryforward asset limitation	—			41,767
Other	667			108
Income tax benefit	$	(4,899)		$	(4,779)
Effective income tax benefit rate	11.3		%	11.4		%

Schedule of Deferred Tax Assets and Liabilities

Significant components of deferred tax assets and liabilities are as follows:


	December 31,
	2019		2018
Deferred tax assets:
Pension and postretirement benefits	$	1,208	$	2,111
Deferred compensation	973		1,452
Restructuring related and other reserves	6		4
Operating lease liabilities	10,314		—
Alternative minimum tax and net operating loss carryforward	19,529		11,227
Inventory	4,161		5,223
Intangible assets and goodwill	4,744		5,561
Other, net	1,741		1,841
Deferred tax assets before valuation allowance	42,676		27,419
Valuation allowance	(14,344)		(10,842)
Total deferred tax assets	$	28,332	$	16,577
Deferred tax liabilities:
Depreciation	$	4,394	$	5,372
Operating right-of-use asset	10,300		—

Excess of book basis over tax basis in investments	318		225
Convertible debt discount	15,140		16,834
Other, net	421		425
Total deferred tax liabilities	30,573		22,856
Net deferred tax liabilities	$	(2,241)	$	(6,279)

Summary of Valuation Allowance

Activity in the Company's valuation allowances for the U.S. and non-U.S. operations were as follows:


	Year Ended December 31,
	2019		2018
Domestic
Balance, beginning of period	$	2,271	$	43,037
Provision charged to expense	3,949		—
Reduction due to Section 382 limitations	—		(40,766)
Provision charged to discontinued operations and other comprehensive income	(92)		—
Balance, end of period	$	6,128	$	2,271
Foreign
Balance, beginning of period	$	8,571	$	9,116
Impact of foreign exchange on beginning of period balance	240		(437)
Provision charged to expense	(595)		(108)
Balance, end of period	$	8,216	$	8,571