XML 48 R32.htm IDEA: XBRL DOCUMENT v3.3.1.900

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Components of Pretax Loss from Operations

The components of the pretax loss from operations for the years ended December 31, 2015, 2014 and 2013 are as follows (in thousands):

	Year Ended December 31,
	2015				2014				2013
U.S. Domestic	$	(90,342	)		$	(8,106	)		$	(9,264	)
Foreign	(87,653		)		(3,689		)		(69,784		)
Pretax loss from operations	$	(177,995	)		$	(11,795	)		$	(79,048	)

Components of Provision (Benefit) for Income Taxes

The components of the provision for income taxes are presented in the following table (in thousands):

	Year Ended December 31,
	2015				2014				2013
Current income tax expense (benefit):
Federal	$	221			$	—			$	(21	)
State	149				145				186
Foreign	634				526				2,525
Total current	1,004				671				2,690
Deferred income tax (benefit) expense:
Federal	(1,363		)		238				229
State	(154		)		24				15
Foreign	1,194				154				245
Total deferred	(323		)		416				489
Total income tax expense	$	681			$	1,087			$	3,179

Schedule of Effective Income Tax Rate Reconciliation

The provision for income taxes differs from the amount of income tax determined by applying the applicable U.S. statutory federal income tax rate to pretax income as a result of the following differences:

	December 31,
	2015			2014			2013
Federal statutory rate	(35.0	)%		(35.0	)%		(35.0	)%
Adjustments for tax effects of:
State taxes, net	(0.3	)		(1.1	)		(0.1	)
Stock-based compensation	0.3			6.2			0.5
Foreign taxes	0.2			3.4			1.1
Tax credits	(0.3	)		(3.3	)		(0.4	)
Deemed foreign dividend	0.1			—			—
Fair market value adjustments	(1.6	)		(7.6	)		—
Intercompany debt forgiveness and other permanent adjustments	0.6			3.1			9.5
Goodwill impairment	29.1			—			—
Tax rate adjustment	0.4			0.4			0.2
Uncertain tax positions	(0.1	)		5.3			2.7
Other	3.1			0.2			(0.4	)
Valuation allowance	3.8			37.5			25.9
Effective income tax rate	0.3	%		9.1	%		4.0	%

Significant Components of Company's Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities as of December 31, 2015 and 2014 are as follows (in thousands):

	December 31,
	2015				2014
Deferred tax assets:
Allowances and reserves	$	955			$	818
Accrued expenses	2,331				3,674
Inventory reserves	9,631				8,532
Net operating loss carryforwards	43,427				41,965
Property and equipment	2,420				1,976
Stock-based compensation	2,377				2,168
Legal settlement	11,806				1,204
Goodwill	3,362				—
Income tax credit carryforwards	3,235				2,218
Total deferred tax assets	79,544				62,555
Valuation allowance	(63,612		)		(58,781		)
Total deferred tax assets, net of valuation allowance	15,932				3,774
Deferred tax liabilities:
Investment in foreign partnership	15,467				—
Intangible assets	465				2,881
Goodwill	—				1,518
Total deferred tax liabilities	15,932				4,399
Net deferred tax assets (liabilities)	$	—			$	(625	)

Summary of Changes to Unrecognized Tax Benefits

The following table summarizes the changes to unrecognized tax benefits for the years ended December 31, 2015, 2014 and 2013 (in thousands):

	Year ended December 31,
	2015				2014				2013
Unrecognized tax benefit at the beginning of the year	8,861				7,835				5,897
Additions based on tax positions related to the current year	859				1,050				1,664
Additions based on tax positions related to the prior year	1,144				391				221
Reductions as a result of lapse of applicable statute of limitations	(76		)		(40		)		(20		)
Reductions as a result of foreign exchange rates and other	(429		)		(375		)		73
Unrecognized tax benefits at the end of the year	$	10,359			$	8,861			$	7,835

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 components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
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/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

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

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 55
-Paragraph 217
-URI http://asc.fasb.org/extlink&oid=51663037&loc=d3e36027-109320

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=6907707&loc=SL6600010-109319

+ Details

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