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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Summary of Provision for Benefit from Income Taxes from Continuing Operations | The provision for (benefit from) income taxes from continuing operations consisted of the following:
| Year ended December 31,
In thousands | 2022 |  | 2021 |  | 2020
Current taxes |  |  |  |  |
Federal | $ | (801) |  |  | $ | (570) |  |  | $ | (4,989) |
State | 239 |  |  | 584 |  |  | 166 |
Foreign | 14,309 |  |  | 20,561 |  |  | 18,470 |
| 13,747 |  |  | 20,575 |  |  | 13,647 |
Deferred taxes and other |  |  |  |  |
Federal | (33) |  |  | (1,159) |  |  | 540 |
State | 477 |  |  | 234 |  |  | (1,183) |
Foreign | (24,466) |  |  | (12,694) |  |  | (1,428) |
| (24,022) |  |  | (13,619) |  |  | (2,071) |
Income tax provision (benefit) | $ | (10,275) |  |  | $ | 6,956 |  |  | $ | 11,576 |
Summary of Domestic and Foreign Components of Pretax Income (Loss) from Operations | The following are the domestic and foreign components of pretax income (loss) from continuing operations:
| Year ended December 31,
In thousands | 2022 |  | 2021 |  | 2020
United States | $ | (63,421) |  |  | $ | (44,682) |  |  | $ | (35,696) |
Foreign | (140,971) |  |  | 58,359 |  |  | 68,055 |
Total pretax income (loss) | $ | (204,392) |  |  | $ | 13,677 |  |  | $ | 32,359 |
Summary of Reconciliation of Federal Statutory Rate to Company's Effective Tax Rate | The following table sets forth a reconciliation of the statutory federal income tax rate to our actual effective tax rate for continuing operations.
| Year ended December 31,
| 2022 |  | 2021 |  | 2020
Federal income tax provision at statutory rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of federal income tax benefit | (0.6) |  |  | 2.7 |  |  | 0.6 |
Foreign income tax rate differential | (5.4) |  |  | (3.3) |  |  | 3.4 |
Tax effect of tax credits | 0.1 |  |  | (0.1) |  |  | (10.2) |
Provision for (resolution of) tax matters | (1.4) |  |  | 23.6 |  |  | 12.4 |
Rate changes due to enacted legislation | (0.1) |  |  | 15.3 |  |  | 0.7 |
Change in reinvestment assertion | — |  |  | 26.4 |  |  | — |
Effect of U.S. tax law change | (0.2) |  |  | 2.8 |  |  | (21.5) |
Income inclusions from foreign subsidiaries | (0.6) |  |  | 18.7 |  |  | 7.1 |
Stock-based compensation | 0.7 |  |  | 3.9 |  |  | 1.4 |
Nondeductible officer's compensation | (0.3) |  |  | 3.9 |  |  | 1.0 |
Valuation allowance | (15.2) |  |  | (3.1) |  |  | 11.7 |
Tax effect of U.S. impairment | (1.5) |  |  | — |  |  | — |
Recognition of non-U.S. intangible tax basis | — |  |  | (78.1) |  |  | — |
Capitalized transaction costs | — |  |  | 8.9 |  |  | — |
Pension termination, settlement and related | — |  |  | — |  |  | 5.4 |
Prior year adjustments | 9.3 |  |  | 7.1 |  |  | 4.5 |
Other | (0.7) |  |  | 1.2 |  |  | (1.7) |
Actual tax rate | 5.1 | % |  | 50.9 | % |  | 35.8 | %
Summary of Deferred Tax Assets and Liabilities | The sources of deferred income taxes were as follows at December 31:
In thousands | 2022 |  | 2021
Reserves | $ | 1,489 |  |  | $ | 1,060 |
Environmental | 3,562 |  |  | 3,970 |
Compensation | 2,687 |  |  | 1,920 |
Pension | 2,323 |  |  | 4,479 |
Post-retirement benefits | 795 |  |  | 1,210 |
Research & development expenses | 5,986 |  |  | 4,239 |
Inventories | 1,984 |  |  | — |
Tax carryforwards | 61,828 |  |  | 45,729 |
Interest limitation carryforwards | 9,854 |  |  | 2,444 |
Other | 1,689 |  |  | — |
Deferred tax assets | 92,197 |  |  | 65,051 |
Valuation allowance | (52,960) |  |  | (24,526) |
Net deferred tax assets | 39,237 |  |  | 40,525 |
Property | (79,164) |  |  | (93,164) |
Intangible assets | (1,549) |  |  | (14,063) |
Inventories | — |  |  | (37) |
Other | (3,591) |  |  | (5,201) |
Deferred tax liabilities | (84,304) |  |  | (112,465) |
Net deferred tax liabilities | $ | (45,067) |  |  | $ | (71,940) |
Summary of Non-Current Deferred Tax Assets and Liabilities Balance Sheet Captions | Non-current deferred tax assets and liabilities are included in the following balance sheet captions:
| December 31,
In thousands | 2022 |  | 2021
Other assets | $ | 9,321 |  |  | $ | 15,345 |
Deferred income taxes | 54,388 |  |  | 87,285 |
Summary of Unrecognized Tax Benefit | A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:
In thousands | 2022 |  | 2021 |  | 2020
Balance at January 1 | $ | 55,660 |  |  | $ | 46,259 |  |  | $ | 30,458 |
Increases in tax positions for prior years | — |  |  | 38 |  |  | 13,866 |
Decreases in tax positions for prior years | (995) |  |  | (638) |  |  | (72) |
Acquisition related: |  |  |  |  |
Purchase Accounting | — |  |  | 12,718 |  |  | — |
Increases in tax positions for current year | 3,644 |  |  | 3,683 |  |  | 4,400 |
Settlements | — |  |  | — |  |  | (1,101) |
Lapse in statutes of limitation | (1,803) |  |  | (6,400) |  |  | (1,292) |
Balance at December 31 | $ | 56,506 |  |  | $ | 55,660 |  |  | $ | 46,259 |
Summary of Tax Years that Remain Subject to Examination by Major Jurisdiction | The following table summarizes tax years that remain subject to examination by major jurisdiction:
| Open Tax Years
Jurisdiction | Examinations not yet initiated |  | Examination in progress
United States |  |  |
Federal | 2014, 2015; 2019 - 2022 |  | N/A
State | 2018 - 2022 |  | N/A
Canada(1) | 2015 - 2020, 2022 |  | 2021
Germany(1) | 2020 - 2022 |  | 2016 - 2019
France | 2020 - 2022 |  | N/A
United Kingdom | 2021 - 2022 |  | N/A
Philippines | 2020 - 2022 |  | 2019
(1)Includes provincial or similar local jurisdictions, as applicable.
Summary of Information Related to Interest and Penalties on Uncertain Tax Positions | The following table summarizes information related to interest and penalties on uncertain tax positions:
| As of or for the year ended December 31,
In thousands | 2022 |  | 2021 |  | 2020
Accrued interest payable | $ | 4,767 |  |  | $ | 3,947 |  |  | $ | 1,792 |
Accrued penalties | 2,975 |  |  | 3,020 |  |  | — |
Interest expense | 820 |  |  | 974 |  |  | 927 |

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