XML 37 R26.htm IDEA: XBRL DOCUMENT v3.25.1

Income Taxes (Tables)

3 Months Ended

Mar. 31, 2025

Income Taxes

Schedule of reconciliation of U.S. statutory rate with Company's effective tax rate

​

​	​	​	​	​	​
​	​	For the Three Months			​
​	​	Ended March 31,			​
​		2025		2024	​
Federal income tax expense (benefit) at statutory rate		21.0	%	21.0	%
Effect of:		​	​	​	​
Section 162(m)	​	28.1	​	-	​
State income tax net of federal benefit	​	2.1	​	0.7	​
Tax effects of foreign operations	​	1.2	​	2.4	​
GILTI provisions	​	1.1	​	11.8	​
Withholding tax	​	0.3	​	2.0	​
Return to provision true up	​	-	​	5.1	​
Foreign operations permanent differences - foreign exchange gains and losses	​	-	​	(7.9)	​
Deemed interest	​	(0.3)	​	(2.7)	​
Foreign rate differential	​	(0.5)	​	0.5	​
Change in unrecognized tax benefits (ASC 740)	​	(1.5)	​	6.1	​
Change in valuation allowance	​	(3.3)	​	(10.4)	​
Effect of stock-based compensation	​	(40.8)	​	0.7	​
Other	​	(0.1)	​	0.7	​
Effective tax rate	​	7.3	%	30.0	%

Schedule of roll forward of the Company's unrecognized tax benefits and associated interest

The following table presents a roll-forward of the Company’s unrecognized tax benefits and associated interest for the three months ended March 31, 2025 (in thousands):

​

​	​	​	​
​		Unrecognized
​		Tax Benefits
Balance - January 1, 2025	​	$	999
Increase for current period tax positions	​		76
Decrease for prior year tax positions	​	​	(213)
Interest accrual	​		10
Foreign currency remeasurement	​		4
Balance - March 31, 2025	​	$	876

​

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 217
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-217

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration