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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2020
Income Tax Disclosure [Abstract] |
Schedule of Income (Loss) Before Income Taxes | The components of income (loss) before income taxes were as follows (as restated) (in thousands):
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (Restated) |  | (Restated) |  | (Restated)
Domestic | $ | (33,239) |  |  | $ | 42,257 |  |  | $ | 49,905 |
Foreign | (15,074) |  |  | 5,702 |  |  | 2,436 |
Total income before taxes | $ | (48,313) |  |  | $ | 47,959 |  |  | $ | 52,341 |
Schedule of Provision for Income Taxes | The provision for income taxes consisted of the following (as restated) (in thousands):
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (Restated) |  | (Restated) |  | (Restated)
Current - |  |  |  |  |
Federal | $ | (6,348) |  |  | $ | 5,396 |  |  | $ | 8,058 |
State | (240) |  |  | 1,976 |  |  | 2,416 |
Foreign | 2,624 |  |  | 2,982 |  |  | 2,629 |
Total current | $ | (3,964) |  |  | $ | 10,354 |  |  | $ | 13,103 |
Deferred - |  |  |  |  |
Federal | (10,567) |  |  | 2,372 |  |  | 2,389 |
State | (3,126) |  |  | (249) |  |  | 123 |
Foreign | (1,039) |  |  | (1,283) |  |  | (1,508) |
Total deferred | $ | (14,732) |  |  | $ | 840 |  |  | $ | 1,004 |
Total current and deferred taxes | $ | (18,696) |  |  | $ | 11,194 |  |  | $ | 14,107 |
Schedule of Differences Between Income Taxes Computed at Statutory Income Tax Rate and Provision For Income Taxes | The difference between income taxes computed at the statutory income tax rate and the provision for income taxes is as follows (as restated) (in thousands):
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (Restated) |  | (Restated) |  | (Restated)
Income taxes computed at federal statutory rate | $ | (10,146) |  |  | $ | 10,029 |  |  | $ | 10,992 |
State income taxes, net of federal benefit | (2,625) |  |  | 1,331 |  |  | 2,010 |
Foreign taxes | (493) |  |  | 311 |  |  | 150 |
Nondeductible expenses | 5,617 |  |  | 1,108 |  |  | 506 |
Enacted rate changes | 670 |  |  | — |  |  | — |
Research and development tax credit | (16,879) |  |  | (2,324) |  |  | (480) |
Foreign tax credit | — |  |  | (57) |  |  | (346) |
Valuation allowance | 16 |  |  | (5) |  |  | — |
Tax reform deferred tax remeasurement | — |  |  | — |  |  | 81 |
Deferred tax liability true up | (551) |  |  | 1,065 |  |  | — |
Uncertain tax positions | 5,057 |  |  | 665 |  |  | 172 |
Other | 638 |  |  | (929) |  |  | 1,022 |
Total income tax expense (benefit) | $ | (18,696) |  |  | $ | 11,194 |  |  | $ | 14,107 |
Schedule of Deferred Tax Liabilities and Assets | Deferred tax liabilities and assets were comprised of the following (in thousands):
| December 31,
| 2020 |  | 2019
Deferred tax assets: |  |  | (Restated)
Allowance for doubtful accounts | $ | 1,784 |  |  | $ | 1,657 |
Inventory | 7,072 |  |  | 3,526 |
Research and development credit carryforward | 8,408 |  |  | 1,360 |
Foreign tax credit carryforward | 64 |  |  | 64 |
Net operating loss carryforward | 802 |  |  | 812 |
Capital loss carryforward | 12,813 |  |  | 12,363 |
Deferred compensation | 540 |  |  | — |
Accruals | 5,690 |  |  | 4,077 |
Investment in partnerships | 319 |  |  | 500 |
Other | 312 |  |  | — |
Total deferred tax assets | $ | 37,804 |  |  | $ | 24,359 |
Less valuation allowance | (12,813) |  |  | (12,363) |
Total deferred tax asset, net of valuation deferred tax liabilities : | $ | 24,991 |  |  | $ | 11,996 |
Goodwill | (8,570) |  |  | (8,459) |
Intangibles | (8,512) |  |  | (2,051) |
Property and equipment | (7,569) |  |  | (8,319) |
ROU asset and liability | (323) |  |  | — |
Unremitted foreign earnings | (421) |  |  | (421) |
Deferred compensation | — |  |  | (317) |
Method changes | (754) |  |  | (1,961) |
Other | (619) |  |  | (70) |
Net deferred tax liability | $ | (1,777) |  |  | $ | (9,602) |
Schedule of Changes in Valuation Allowance for Deferred Tax Assets | The following summarizes changes in the balance of valuation allowances on deferred tax assets (in thousands):
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Balance at January 1 | $ | (12,363) |  |  | $ | (12,564) |  |  | $ | (12,220) |
Changes due to federal and foreign capital loss carryforwards | (450) |  |  | 201 |  |  | (344) |
Balance at December 31 | $ | (12,813) |  |  | $ | (12,363) |  |  | $ | (12,564) |
Schedule of Tax Carryforwards | Tax carryforwards available for use on future income tax returns, prior to valuation allowance, at December 31, 2020, were as follows (in thousands):
| Domestic |  | Foreign |  | Expiration
Net operating loss - foreign | $ | — |  |  | $ | 414 |  |  | 2034 - 2040
Net operating loss - federal | 388 |  |  | — |  |  | 2036 - 2040
Capital loss carryforward - foreign | — |  |  | 4 |  |  | Indefinite
Capital loss carryforward - federal | 12,809 |  |  | — |  |  | 2021
Foreign tax credits | 64 |  |  | — |  |  | 2023, 2025
Federal research and development tax credits | 4,467 |  |  | — |  |  | 2026 - 2030
Texas research and development tax credits | 3,702 |  |  | — |  |  | 2037 - 2040
Louisiana research and development tax credits | 239 |  |  | — |  |  | 2024 - 2025
Schedule of Changes in Unrecognized Tax Benefits | Changes in the balance of unrecognized tax benefits excluding interest and penalties on uncertain tax positions were as follows (in thousands):
| Assets (Liabilities)
| 2020 |  | 2019 |  | 2018
Balance at January 1 | $ | — |  |  | $ | — |  |  | $ | — |
Increases related to prior year tax positions | (5,057) |  |  | — |  |  | — |
Decreases related to prior year tax positions | — |  |  | — |  |  | — |
Increases related to current year tax positions | — |  |  | — |  |  | — |
Settlements | — |  |  | — |  |  | — |
Lapse of statute of limitations | — |  |  | — |  |  | — |
Balance at December 31 | $ | (5,057) |  |  | $ | — |  |  | $ | — |

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