Income Taxes (Tables)

6 Months Ended

Jun. 30, 2016

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,
	2016		2015		2016		2015
U.S. federal statutory tax rate	(35.0	)%	(35.0	)%	(35.0	)%	(35.0	)%
State income taxes, net of federal benefit	(1.0	)	0.5		(1.1	)	(0.1	)
Non-U.S. income taxed at different rates	(5.5	)	(2.9	)	(0.1	)	(0.4	)
Non-deductible expenses	6.9		2.9		0.6		2.1
Domestic production activities deduction	—		(0.6	)	—		(0.4	)
Other	0.3		1.0		0.4		0.9
Effective income tax rate	(34.3	)%	(34.1	)%	(35.2	)%	(32.9	)%

Schedule of deferred tax assets and liabilities

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

	June 30, 2016			December 31, 2015
Current deferred tax assets	$	3,502		$	2,649
Non-current deferred tax assets	—			17,229
Non-current deferred tax liabilities	(526		)	(23,823		)
Net deferred tax assets (liabilities)	$	2,976		$	(3,945	)