Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Income before Income Tax, Domestic and Foreign

9. Income Taxes

The components of the Company’s income (loss) from continuing operations before income taxes and equity in earnings of non-consolidated affiliates by taxing jurisdiction for the years ended December 31, were:



	2015			2014			2013
Income (Loss):
US	$	23,180		$	46,728		$	21,661
Non-US	(40,596		)	(31,619		)	(159,511		)
	$	(17,416	)	$	15,109		$	(137,850	)

Schedule Of Components Of Income Taxes Provision Benefit

The provision (benefit) for income taxes by taxing jurisdiction for the years ended December 31, were:



	2015			2014			2013
Current tax provision
US federal	$	—		$	—		$	—
US state and local	1,375			907			213
Non-US	2,465			552			847
	3,840			1,459			1,060
Deferred tax provision (benefit):
US federal	6,944			13,402			7,505
US state and local	3,195			1,971			1,027
Non-US	(8,315		)	(4,410		)	(13,959		)
	1,824			10,963			(5,427		)
Income tax provision (benefit)	$	5,664		$	12,422		$	(4,367	)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income tax expense (benefit) using the statutory Canadian federal and provincial income tax rate compared with actual income tax expense for the years ended December 31, is as follows:



	2015			2014			2013
Income (loss) from continuing operations before income taxes, equity in non-consolidated affiliates and noncontrolling interest	$	(17,416	)	$	15,109		$	(137,850	)
Statutory income tax rate	26.5		%	26.5		%	26.5		%
Tax expense (benefit) using statutory income tax rate	(4,615		)	4,004			(36,530		)
State and foreign taxes	3,524			1,459			1,060
Non-deductible stock-based compensation	3,354			1,982			24,357
Other non-deductible expense	(2,102		)	2,151			942
Change to valuation allowance on items affecting taxable income	5,468			2,003			6,952
Effect of the difference in federal and statutory rates	1,906			2,222			(15		)
Noncontrolling interests	(2,399		)	(1,826		)	(1,712		)
Other, net	528			427			579
Income tax expense (benefit)	$	5,664		$	12,422		$	(4,367	)
Effective income tax rate	(32.5		)%	82.2		%	(3.2		)%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of significant temporary differences representing deferred tax assets and liabilities at December 31, were as follows:



	2015			2014
Deferred tax assets:
Capital assets and other	$	43,031		$	45,496
Net operating loss carry forwards	37,490			39,525
Interest deductions	17,347			17,456
Refinancing charge	144			5,176
Deferred acquisition consideration	16,197			5,204
Stock compensation	3,033			1,561
Pension plan	3,770			3,597
Unrealized foreign exchange	15,548			6,954
Capital loss carry forwards	10,630			14,834
Accounting reserves	6,700			5,135
Gross deferred tax asset	153,890			144,938
Less: valuation allowance	(124,143		)	(119,117		)
Net deferred tax assets	29,747			25,821
Deferred tax liabilities:
Deferred finance charges	(323		)	(386		)
Capital assets and other	(797		)	(396		)
Goodwill amortization	(91,724		)	(77,603		)
Total deferred tax liabilities	(92,844		)	(78,385		)
Net deferred tax asset (liability)	$	(63,097	)	$	(52,564	)
Disclosed as:
Deferred tax assets	$	29,747		$	25,480
Deferred tax liabilities	(92,844		)	(78,044		)
	$	(63,097	)	$	(52,564	)

Schedule Of Changes In Tax Reserve



Changes in the Company’s reserve is as follows:
Balance at December 31, 2012	$	3,073
Charges to income tax expense	—
Balance at December 31, 2013	3,073
Charges to income tax expense	—
Balance at December 31, 2014	3,073
Charges to income tax expense	960
Settlement of uncertainty	(428		)
Balance at December 31, 2015	$	3,605