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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income (Loss) Before Provision for Income Taxes

Income (loss) before provision (benefit) for income taxes is as follows (in thousands):

 

			For the year ended December 31,
			2022						2021						2020
Income (loss) before provision (benefit) for income taxes from:
U.S. operations			$	439					$	1,527					$	(54,190)
Foreign operations			8,855						5,761						(59,982)
Income (loss) before provision (benefit) for income taxes			$	9,294					$	7,288					$	(114,172)

Schedule of Provision (Benefit) for Income Taxes

The provision (benefit) for income taxes consists of the following (in thousands):

 

			For the year ended December 31,
			2022						2021						2020
Current
Federal			$	(644)					$	(182)					$	(6,278)
States and local			464						246						528
Foreign			3,251						3,641						4,006
Reserve for uncertain tax positions			136						(186)						(28)
Total current provision (benefit)			3,207						3,519						(1,772)
Deferred
Federal			(435)						(309)						(2,781)
States and local			242						(138)						(1,244)
Foreign			(1,614)						(1,884)						(10,045)
Reserve for uncertain tax positions			—						155						—
Total deferred benefit			(1,807)						(2,176)						(14,070)
Net change in valuation allowance			1,320						2,052						1,136
Net deferred benefit			(487)						(124)						(12,934)
Total provision (benefit) for income taxes			$	2,720					$	3,395					$	(14,706)

Schedule of Provision (Benefit) for Income Taxes Computed by Applying Statutory Federal Tax Rate

The provision (benefit) for income taxes differs from the amount computed by applying the statutory federal tax rate to income tax as follows (in thousands):

			For the years ended December 31,
			2022												2021												2020
Federal tax at statutory rate			$	1,952					21.0		%				$	1,527					21.0		%				$	(23,976)					21.0		%
State taxes, net of federal benefit			622						6.7		%				75						1.0		%				(1,175)						1.0		%
Foreign tax			218						2.3		%				380						5.2		%				(815)						0.7		%
Goodwill impairment			—						—		%				—						—		%				10,003						(8.8)		%
Nondeductible compensation			—						—		%				119						1.6		%				975						(0.9)		%
US taxation of foreign earnings			100						1.1		%				(1,041)						(14.3)		%				56						—		%
Permanent differences			363						3.9		%				373						5.1		%				944						(0.8)		%
Research and Development Credit			(1,716)						(18.5)		%				(214)						2.9		%				(236)						0.2		%
Federal loss carryback			—						—		%				—						—		%				(1,938)						1.7		%
Change in valuation allowance			1,320						14.2		%				2,052						28.2		%				1,136						(1.0)		%
Impact of foreign tax rate changes			(246)						(2.6)		%				49						0.7		%				392						(0.3)		%
Other			107						1.2		%				75						1.0		%				(72)						0.1		%
Total provision (benefit) for income taxes			$	2,720					29.3		%				$	3,395					52.4		%				$	(14,706)					12.9		%

Schedule of Net Deferred Income Tax Assets and Liabilities

Deferred income tax attributes resulting from differences between financial accounting amounts and income tax basis of assets and liabilities are as follows (in thousands):

			December 31,
			2022						2021
Deferred income tax assets
Allowance for doubtful accounts			$	826					$	677
Inventory			806						567
Intangible assets			1,178						1,733
Accrued expenses			4,365						5,662
Net operating loss carryforward			4,985						6,303
Finance lease obligations			463						741
Deferred stock based compensation			1,152						996
Interest carryforward			1,501						618
Right-of-use liability			9,886						10,786
R&D Expense			2,836						—
Credits			490						409
Other			1,495						1,353
Deferred income tax assets			29,983						29,845
Valuation allowance			(7,787)						(6,340)
Net deferred income tax assets			22,196						23,505
Deferred income tax liabilities
Property and equipment			(6,493)						(8,157)
Goodwill			(7,645)						(5,819)
Intangible assets			(3,601)						(4,935)
Right-of-use asset			(9,841)						(10,738)
Other			(122)						(67)
Deferred income tax liabilities			(27,702)						(29,716)
Net deferred income taxes			(5,506)						(6,211)

Schedule of Changes in Company's Gross Unrecognized Tax Benefits, Excluding Interest and Penalties

The following table summarizes the changes in the Company’s gross unrecognized tax benefits, excluding interest and penalties (in thousands):

			For the year ended December 31,
			2022						2021
Balance at beginning of period			$	300					$	347
Additions for tax positions related to the current fiscal period			—						155
Additions for tax positions related to prior years			1						1
Reductions related to the expiration of statutes of limitations			(43)						(203)
Balance at end of period			$	258					$	300

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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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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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