Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Taxes

Schedule of Income Tax Expense (Benefit) from continuing operations

The total income tax expense (benefit) from continuing operations consists of the following components (in thousands):

	Year Ended December 31,
	2016		2015		2014
Current
Federal	$	8,525	$	4,948	$	1,833
State		8,307		1,988		2,018
Foreign		1,332		828		223
Total current	$	18,164	$	7,764	$	4,074
Deferred
Federal	$	(10,241)	$	(11,317)	$	(3,278)
State		(1,401)		(1,382)		(347)
Foreign		(2,049)		(4,872)		(955)
Total deferred	$	(13,691)	$	(17,571)	$	(4,580)
Total income tax expense (benefit)	$	4,473	$	(9,807)	$	(506)

Reconciliation of income tax expense at statutory rates to the actual income tax expense recorded

The following table reconciles the income tax expense (benefit) from continuing operations at statutory rates to the actual income tax expense recorded (in thousands):

	Year Ended December 31,
	2016		2015		2014
Tax benefit at U.S. federal statutory income tax rate on income or loss subject to tax	$	(4,581)	$	(12,630)	$	(2,131)
State income tax expense, net of federal tax		6,081		(606)		134
Gross receipts and margin taxes		1,847		1,383		1,573
Foreign rate differential		647		2,269		554
Effect of permanent differences		(280)		(298)		(196)
Return to provision adjustments		287		(368)		(528)
Increase in valuation allowance		472		443		88
Total income tax expense (benefit)	$	4,473	$	(9,807)	$	(506)

Schedule of significant components of the company's deferred tax asset and liabilities

The following table summarizes the significant components of the Company’s deferred tax assets and liabilities from continuing operations (in thousands):

	December 31,
	2016		2015		2014
Property, primarily differences in depreciation and amortization, the basis of land, and the treatment of interest and certain costs	$	28,940	$	19,862	$	3,418
Net operating loss carryforward		8,784		3,703		484
Expense accruals and other		(847)		(753)		462
Valuation allowance		(606)		(531)		(88)
Net deferred tax assets	$	36,271	$	22,281	$	4,276