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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Components of Income (Loss) Before Income Taxes | Domestic and foreign components of income before income taxes were as follows:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Domestic | $ | 64,139 |  |  | $ | 61,028 |  |  | $ | 173,039 |
Foreign | 11,006 |  |  | 9,157 |  |  | 15,284 |
Income before income taxes | $ | 75,145 |  |  | $ | 70,185 |  |  | $ | 188,323 |
Schedule of Provision For Income Taxes | The provision for income taxes consisted of:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Current: |  |  |  |  |
Federal | $ | — |  |  | $ | (786) |  |  | $ | 1,088 |
State | 348 |  |  | 597 |  |  | 1,408 |
Foreign | 2,497 |  |  | 4,211 |  |  | 4,121 |
Total current income taxes | 2,845 |  |  | 4,022 |  |  | 6,617 |
Deferred: |  |  |  |  |
Federal | 2,658 |  |  | 8,040 |  |  | 14,853 |
State | 1,516 |  |  | (253) |  |  | 10,681 |
Foreign | 656 |  |  | (839) |  |  | (131) |
Total deferred income taxes | 4,830 |  |  | 6,948 |  |  | 25,403 |
Total provision for income taxes | $ | 7,675 |  |  | $ | 10,970 |  |  | $ | 32,020 |
Schedule of Effective Income Tax Rate Reconciliation | The effective income tax rate was different from the statutory U.S. federal income tax rate due to the following:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Income taxes at 21% statutory tax rate | $ | 15,780 |  |  | $ | 14,739 |  |  | $ | 39,548 |
Net difference resulting from: |  |  |  |  |
Profit of non-controlling interest not subject to U.S. federal tax | (3,754) |  |  | (5,508) |  |  | (15,477) |
Foreign income taxes (net of foreign tax credit) | 2,423 |  |  | 269 |  |  | 364 |
State income taxes (excluding rate change) | 1,348 |  |  | 883 |  |  | 4,887 |
Impact of change in forecasted state income tax rate | 1,347 |  |  | (1,216) |  |  | 5,774 |
Foreign withholding taxes | 730 |  |  | 462 |  |  | 988 |
Change in valuation allowance | (8,977) |  |  | 2,840 |  |  | (3,888) |
Adjustments of prior year taxes | 79 |  |  | (1,663) |  |  | 1,336 |
Stock compensation | (1,096) |  |  | (34) |  |  | (762) |
Other | (205) |  |  | 198 |  |  | (750) |
Total provision for income taxes | $ | 7,675 |  |  | $ | 10,970 |  |  | $ | 32,020 |
Schedule of Components of Deferred Tax Assets and Liabilities | The components of deferred tax assets and liabilities are as follows:
| December 31,
| 2021 |  | 2020
Investment in Cactus LLC | $ | 292,956 |  |  | $ | 224,485 |
Imputed interest | 12,297 |  |  | 10,333 |
Tax credits | 3,713 |  |  | 5,719 |
Net operating loss carryforwards | 11,198 |  |  | 2,333 |
Other | 152 |  |  | 546 |
Deferred tax assets | 320,316 |  |  | 243,416 |
Valuation allowance | (17,242) |  |  | (26,813) |
Deferred tax asset, net | 303,074 |  |  | 216,603 |
Foreign withholding taxes | 854 |  |  | 562 |
Other | 318 |  |  | 224 |
Deferred tax liability, net | $ | 1,172 |  |  | $ | 786 |

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