Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Components of income tax expense (benefit) associated with earnings from continuing operations

The components of income tax expense (benefit) from continuing operations are as follows:

	For the year ended December 31,
	2022		2021		2020
In thousands
Current:
Federal	$	2,548	$	(5,613)	$	1,693
State	(739)		1,061		(3,143)
Foreign	441		266		168
	2,250		(4,286)		(1,282)
Deferred:
Federal	(15,655)		17,533		(5,650)
State	(3,347)		2,526		899
Foreign	20		1,059		(1,697)
	(18,982)		21,118		(6,448)
Income tax (benefit) expense	$	(16,732)	$	16,832	$	(7,730)

Schedule of effective income tax rate reconciliation

The provision for income taxes from continuing operations differs from that computed at the federal statutory corporate tax rate as follows:

	For the year ended December 31,
	2022		2021		2020
In thousands
Federal tax at 21% statutory rate	$	(13,205)	$	12,707	$	(16,415)
State income taxes, net of federal benefit	(3,105)		1,459		(2,208)
Tax effect:
Goodwill impairment charge	—		—		8,297
Impairment on business	—		—		7,620
Research and development credits	(1,550)		(1,995)		(821)
Impact of entity classification election	—		894		—
Foreign derived intangible income benefit	(158)		(494)		—
Provision to return adjustments	(126)		66		610
Foreign losses for which no tax benefit has been recorded	38		308		41
Change in valuation allowance	(94)		2,697		1,449
Equity compensation benefit	236		77		(209)
Nondeductible compensation	1,320		1,372		215
Federal benefit of NOL Carryback	—		—		(3,885)
Other, net	(88)		(259)		(2,424)
Income tax (benefit) expense	$	(16,732)	$	16,832	$	(7,730)

Tax effects of temporary differences that give rise to deferred tax assets and liabilities

The tax effects of temporary differences that give rise to deferred tax assets and liabilities of continuing operations are presented below:

	At December 31,
	2022		2021
In thousands
Deferred tax assets:
Deferred employee benefits	$	25,763	$	18,380
Tax loss and credit carryforwards	17,049		17,057
Accrued liabilities and other	3,012		2,140
Contract accounting differences	4,079		3,693
Environmental liabilities	3,324		3,266
Lease obligations	1,608		2,450
Inventory	12,069		1,413
Capitalized expenses	5,385		—
Total deferred tax assets	72,289		48,399
Deferred tax liabilities:
Property, plant and equipment	(10,714)		(11,680)
Intangibles	(15,201)		(21,282)
Other items	(43)		(205)
Total deferred tax liabilities	(25,958)		(33,167)
Net deferred tax assets before valuation allowance	46,331		15,232
Valuation allowance	(5,025)		(6,022)
Net deferred tax assets after valuation allowance	$	41,306	$	9,210

Change in the liability for uncertain tax positions

The change in the liability for 2022, 2021 and 2020 is explained as follows:

	2022		2021		2020
In thousands
Balance at January 1	$	3,592	$	3,612	$	3,214
Additions based on current year tax positions	—		32		481
Changes for tax positions of prior years	211		(52)		3
Settlements	(67)		—		(86)
Lapse of statute of limitations	(281)		—		—
Balance at December 31(1)	$	3,455	$	3,592	$	3,612