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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Summary of Income from Continuing Operations before Income Taxes

Income from continuing operations before income taxes consisted of the following: 

		Year Ended December 31,
(in thousands)		2019				2018				2017
Foreign		$	49,171			$	54,753			$	82,919
United States			(23,061	)			10,256				21,431
Income from continuing operations before income taxes		$	26,110			$	65,009			$	104,350

Summary of Significant Components of the Income Tax Provision From Continuing Operations

Significant components of the income tax provision from continuing operations are as follows:

		Year Ended December 31,
(in thousands)		2019				2018				2017
Current:
United States:
Federal		$	(2,260	)		$	41			$	1,693
State			1,400				(335	)			2,573
Foreign			13,764				12,039				15,583
Total current			12,904				11,745				19,849
Deferred:
United States:
Federal			(3,355	)			1,860				19,893
State			(1,619	)			860				1,761
Foreign			(5,424	)			2,630				4,395
Total deferred			(10,398	)			5,350				26,049
Income tax expense		$	2,506			$	17,095			$	45,898

Reconciliation of Income Tax Expense

		Year Ended December 31,
(in thousands)		2019								2018								2017
Computed income tax expense at statutory federal income tax rate		$	5,483				21.0	%		$	13,665				21.0	%		$	36,522				35.0	%
State income taxes, net of federal benefit			(173	)			(0.2	)%			3,489				5.4	%			1,160				1.1	%
Deemed mandatory repatriation state tax			—				0.0	%			(909	)			(1.4	)%			1,206				1.2	%
Deemed mandatory repatriation federal tax, net of foreign tax credit			—				0.0	%			(1,690	)			(2.6	)%			6,936				6.6	%
Remeasurement of deferred taxes due to change in tax rates *			(4,517	)			(17.3	)%			(510	)			(0.8	)%			8,000				7.7	%
Foreign tax rate differential			3,122				12.0	%			4,138				6.4	%			(5,031	)			(4.8	)%
U.S. tax on current year foreign earnings, net of foreign tax credits			(1,792	)			(6.9	)%			(223	)			(0.3	)%			(2,726	)			(2.6	)%
Change in valuation allowance			920				1.8	%			(653	)			(1.0	)%			(796	)			(0.8	)%
Other adjustments, net			(537	)			(0.8	)%			(212	)			(0.3	)%			627				0.6	%
Income tax expense		$	2,506				9.6	%		$	17,095				26.4	%		$	45,898				44.0	%

* Included $0.6 million increase to the valuation allowance in 2017.

Schedule of Deferred Tax Assets and Liabilities

The components of deferred income tax assets and liabilities included in the Consolidated Balance Sheets are as follows:

		December 31,
(in thousands)		2019				2018
Deferred tax assets:
Tax credit carryforwards		$	7,879			$	9,156
Pension, compensation, and other employee benefits			17,231				13,022
Provisions for losses			4,778				5,133
Net operating loss carryforward			5,371				4,707
State income taxes			3,089				1,546
Other deferred income tax assets			2,177				2,920
Total deferred tax assets			40,525				36,484
Valuation allowance			(4,276	)			(3,356	)
Foreign deferred tax assets included above			(2,351	)			(2,468	)
Net deferred tax assets			33,898				30,660
Deferred tax liabilities:
Property and equipment			(20,681	)			(14,501	)
Deferred tax related to life insurance			(3,945	)			(3,498	)
Goodwill and other intangible assets			(16,172	)			(4,759	)
Other deferred income tax liabilities			(1,858	)			(939	)
Total deferred tax liabilities			(42,656	)			(23,697	)
Foreign deferred tax liabilities included above			31,192				9,808
United States net deferred tax assets		$	22,434			$	16,771

Schedule of Unrecognized Tax Benefits

(in thousands)		Continuing Operations				Discontinued Operations				Total
Balance at December 31, 2016		$	1,559			$	636			$	2,195
Additions for tax positions taken in prior years			43				—				43
Reductions for lapse of applicable statutes			(177	)			(636	)			(813	)
Balance at December 31, 2017			1,425				—				1,425
Additions for tax positions taken in prior years			31				—				31
Reductions for lapse of applicable statutes			(1,086	)			—				(1,086	)
Balance at December 31, 2018			370				—				370
Additions for tax positions taken in prior years			151				—				151
Reductions for lapse of applicable statutes			(296	)			—				(296	)
Balance at December 31, 2019		$	225			$	—			$	225

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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.

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