Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Components of Income (Loss) Before Taxes from Continuing Operations

The components of income (loss) before taxes from continuing operations consisted of the following for the years ended December 31 (in thousands):

	2016		2015			2014
Domestic	$	37,316	$	40,176		$	(87,179	)
Foreign	12,667		(3,076		)	2,429
Income (loss) before taxes from continuing operations	$	49,983	$	37,100		$	(84,750	)

Summary of Provision for Income Taxes for Continuing Operations

The provision for (benefit of) income taxes from continuing operations for the years ended December 31 consisted of the following (in thousands):

	2016			2015			2014
Current:
U.S. Federal	$	14,703		$	12,294		$	1,684
State	2,987			2,010			1,265
Foreign	3,467			1,371			733
Total current	21,157			15,675			3,682
Deferred:
U.S. Federal	(5,404		)	(178		)	(6,373		)
State	1,595			273			(203		)
Foreign	(1,084		)	(2,146		)	(64		)
Total deferred	(4,893		)	(2,051		)	(6,640		)
Provision for income taxes	$	16,264		$	13,624		$	(2,958	)

(Benefit of) Provision for Income Taxes from Discontinued Operations

The (benefit of) provision for income taxes from discontinued operations for the years ended December 31 consisted of the following (in thousands):

	2016			2015			2014
Current:
U.S. Federal	$	(24	)	$	(15	)	$	(18	)
State	(2		)	(1		)	(1		)
Foreign	—			—			—
(Benefit of) provision for income taxes	$	(26	)	$	(16	)	$	(19	)

Provision for Income Taxes from Continuing Operations Differs from the Federal Statutory Rate

The provision for income taxes from continuing operations differs from the federal statutory rate of 35% for the years ended December 31 due to the following (in thousands):

	2016					2015					2014
Statutory rate	$	17,494		35.0	%	$	12,985		35.0	%	$	(29,664	)	35.0	%
Intangible asset impairment	341			0.7	%	—			—	%	26,637			(31.4	)%
State taxes, less federal effect	3,033			6.1	%	1,845			5.0	%	606			(0.7	)%
Change in valuation allowance	685			1.4	%	284			0.7	%	94			(0.1	)%
Non-deductible expenses	556			1.1	%	2			—	%	233			(0.3	)%
Federal tax credits	(439		)	(0.9	)%	(242		)	(0.7	)%	(255		)	0.3	%
Uncertain tax positions	(154		)	(0.3	)%	(344		)	(0.9	)%	(169		)	0.2	%
Foreign rate differential	(677		)	(1.4	)%	(6		)	—	%	(311		)	0.4	%
Worthless stock deduction	(868		)	(1.7	)%	—			—	%	—			—	%
Domestic manufacturer's deduction	(1,363		)	(2.7	)%	(795		)	(2.1	)%	(60		)	0.1	%
Intercompany debt discharge	(2,389		)	(4.8	)%	—			—	%	—			—	%
Other	45			—	%	(105		)	(0.3	)%	(69		)	—	%
	$	16,264		32.5	%	$	13,624		36.7	%	$	(2,958	)	3.5	%

Deferred Tax Liabilities (Assets)

Deferred tax liabilities (assets) at December 31 consist of the following (in thousands):

	2016			2015
Depreciation	$	17,367		$	18,667
Goodwill	43,562			36,058
Intangible assets	14,731			19,291
Other	892			1,742
Gross deferred tax liabilities	76,552			75,758
Equity compensation	(21,439		)	(13,023		)
Other	(18,473		)	(20,847		)
Gross deferred tax assets	(39,912		)	(33,870		)
Valuation allowances	1,362			766
Deferred tax assets, net of valuation allowances	(38,550		)	(33,104		)
Net deferred tax liabilities	$	38,002		$	42,654

Summary of Valuation Allowance

The following sets forth a reconciliation of the beginning and ending amount of the Company’s valuation allowance (in thousands):

	2016			2015			2014
Balance as of January 1	$	766		$	400		$	306
Cost charged to the tax provision	983			286			144
Reductions	(338		)	(78		)	(50		)
Purchase accounting adjustment and divestiture	—			158			—
Currency translation	(49		)	—			—
Balance as of December 31	$	1,362		$	766		$	400

Income Taxes Paid, Net of Tax Refunds

The Company made net payments for income taxes for the following amounts for the years ended December 31 (in thousands):

	2016			2015			2014
Payments made for income taxes, net	$	(17,700	)	$	(11,879	)	$	(6,509	)

Reconciliation of the Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

	2016			2015			2014
Balance as of January 1	$	3,876		$	1,414		$	1,694
Additions for tax positions of the current year	33			148			180
Additions for tax positions of prior years	—			2,955			93
Reductions for tax positions of prior years for:
Settlements and changes in judgment	(256		)	(331		)	(154		)
Lapses of applicable statute of limitations	—			(310		)	(399		)
Divestitures and foreign currency translation	(187		)	—			—
Balance as of December 31	$	3,466		$	3,876		$	1,414

Interest (Net of Federal Tax Benefit) and Penalties Recognized

Interest (net of federal tax benefit) and penalties recognized during the years ended December 31 were (in thousands):

	2016			2015			2014
Interest and penalties recognized as income	$	(122	)	$	(87	)	$	(28	)