Income Taxes (Tables)

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
	2015		2014		2015		2014
U.S. federal statutory tax rate	35.0	%	35.0	%	35.0	%	35.0	%
State income taxes, net of federal benefit	5.7		1.8		(1.8	)	2.1
Non-U.S. income taxed at different rates	(29.1	)	—		4.2		—
Non-deductible expenses	0.2		(0.2	)	(2.4	)	0.1
Domestic production activities deduction	3.6		(1.9	)	—		(2.4	)
Return to accrual adjustments	—		(4.9	)	—		(1.8	)
Other	1.4		—		(0.1	)	—
Effective income tax rate	16.8	%	29.8	%	34.9	%	33.0	%

Schedule of deferred tax assets and liabilities

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

	September 30, 2015			December 31, 2014
Current deferred tax assets	$	1,835		$	2,696
Non-current deferred tax assets	19,392			12,907
Non-current deferred tax liabilities	(22,910		)	(25,982		)
Net deferred tax assets (liabilities)	$	(1,683	)	$	(10,379	)