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Income Taxes (Tables)
 9 Months Ended
Sep. 30, 2015
Schedule of Net Operating Losses

The Company has generated net operating losses in the U.S. (“NOLs”). The following table summarizes the activity for NOLs for the nine months ended September 30, 2015:

 

December 31, 2014

    $ (109,839 ) 

2014 Return to provision adjustment

      3,906   

U.S. GAAP pretax income

      106,321   

State income taxes

      (1,357 ) 

Income tax differences:

   

Temporary

      14,137   

Permanent

      (73,922 ) 
  

 

 

  

September 30, 2015

    $ (60,754 ) 
  

 

 

  
Summary of Gross and Tax Affected Deferred Tax Asset Recorded

A summary of the components of the gross and tax affected deferred tax asset as of September 30, 2015 is as follows:

 

Stock-based compensation

    $ 10,303   

Deferred rent liability

      5,509   

NOLs

      4,720   

Accrued expenses

      30,180   

Incentive compensation

      (7,996 ) 

Fixed assets

      (5,119 ) 

Other

      218   
  

 

 

  

Total deferred components

      37,815   

Income tax rate

      38.67 % 
  

 

 

  

Tax affected

    $ 14,623   
  

 

 

  
Foreign Subsidiaries [Member]  
Schedule of Net Operating Losses

The following table summarizes the activity for NOLs for the nine months ended September 30, 2015:

 

December 31, 2014

    $ (4,061 ) 

Foreign subsidiaries loss

      (4,912 ) 
  

 

 

  

September 30, 2015

    $ (8,973 )