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Income Taxes | 3 Months Ended
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Mar. 31, 2016
Income Tax Disclosure [Abstract] |
Income Taxes | 9. Income Taxes Net operating losses – U.S. The Company has generated net operating losses for tax purposes (“NOLs”). The following table summarizes the activity for NOLs for the three months ended March 31, 2016:
December 31, 2015 |  | $ | (26,070 | )
U.S. GAAP pretax income |  |  | 23,216 |
State income taxes |  |  | (49 | )
Income tax differences: |  |  |  |
Temporary |  |  | (27,186 | )
Permanent |  |  | 1,227 |
March 31, 2016 |  | $ | (28,862 | )
At March 31, 2016, $17,863 of the NOLs were generated from stock-based compensation amounts recognized for tax purposes at the time options are exercised (at the intrinsic value) or restricted stock is vested (at fair value of the share price) in excess of amounts previously expensed at the date of grant for U.S. GAAP purposes. These amounts cannot be recognized as a deferred tax asset under U.S. GAAP. A summary of the components of the gross and tax affected deferred tax asset as of March 31, 2016 is as follows:
Stock-based compensation |  | $ | 7,298 |
Deferred rent liability |  |  | 5,414 |
NOLs |  |  | 7,879 |
Accrued expenses |  |  | 3,242 |
Incentive compensation |  |  | (6,219 | )
Fixed assets |  |  | (5,865 | )
Other |  |  | 220 |
Total U.S. deferred components |  |  | 11,969 |
U.S. income tax rate |  |  | 38.74 | %
U.S. tax affected |  |  | 4,637 |
Japan |  |  | 80 |
Total tax affected |  | $ | 4,717 |
Net operating losses – Non-U.S. The Company’s foreign subsidiaries generated NOLs outside the U.S. The following table summarizes the activity for these NOLs for the three months ended March 31, 2016:
December 31, 2015 |  | $ | (10,746 | )
Foreign subsidiaries loss |  |  | (1,650 | )
March 31, 2016 |  | $ | (12,396 | )
At March 31, 2016 and December 31, 2015, a deferred tax asset related to these NOLs has been fully offset by a valuation allowance of $2,381 and $2,051, respectively.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + 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)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 4: 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 Reference 5: 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
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