Income Taxes (Tables)

6 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Reconciliation of effective tax rate to the U.S. federal statutory tax rate

A reconciliation of the U.S. federal statutory tax rate to the Company’s effective income tax rate is as follows:

	Three months ended June 30,				Six months ended June 30,
	2015		2014		2015		2014
Federal statutory tax rate	35.0	%	35.0	%	35.0	%	35.0	%
State income taxes, net of federal benefit	(0.5	)	2.2		0.1		2.2
Non-US income taxed at different rates	2.9		—		0.4		—
Non-deductible expenses	(2.9	)	0.6		(2.1	)	0.4
Domestic production activities deduction	0.6		(2.7	)	0.4		(2.7	)
Other	(1.0	)	—		(0.9	)	—
Effective income tax rate	34.1	%	35.1	%	32.9	%	34.9	%

Schedule of deferred tax assets and liabilities

Deferred taxes are presented in the balance sheets as follows (in thousands):

	June 30, 2015			December 31, 2014
Current deferred tax assets	$	2,602		$	2,696
Non-current deferred tax assets	18,871			12,907
Non-current deferred tax liabilities	(22,537		)	(25,982		)
Net deferred tax assets (liabilities)	$	(1,064	)	$	(10,379	)