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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income tax expense (benefit). Pre-tax income (loss) for the years ended December 31, 2023, 2022 and 2021 consisted of the following (in thousands): 

			2023						2022						2021
Canada operations			$	5,524					$	3,040					$	2,498
Foreign operations			34,839						7,692						3,375
Total			$	40,363					$	10,732					$	5,873

Schedule of Components of Income Tax Expense (Benefit)

The components of the income tax expense (benefit) for the years ended December 31, 2023, 2022 and 2021 consisted of the following (in thousands): 

			2023						2022						2021
Current:
Canada			$	142					$	31					$	141
Foreign			3,685						194						165
Total			$	3,827					$	225					$	306
Deferred:
Canada			$	—					$	—					$	—
Foreign			6,806						4,177						3,070
Total			$	6,806					$	4,177					$	3,070
Net income tax expense (benefit)			$	10,633					$	4,402					$	3,376

Schedule of Effective Income Tax Rate Reconciliation

The net income tax expense (benefit) differs from an amount computed at Canadian statutory rates as follows for the years ended December 31, 2023, 2022 and 2021 (in thousands):

			2023												2022												2021
Canadian federal tax benefit at statutory rates			$	6,054					15.0		%				$	1,610					15.0		%				$	779					13.3		%
Canadian provincial income tax			497						1.2		%				282						2.6		%				215						3.7		%
Effect of foreign income tax, net			5,481						13.6		%				1,809						16.9		%				1,189						20.2		%
Valuation allowance			(2,556)						(6.3)		%				153						1.4		%				1,028						17.5		%
Noncontrolling interest			125						0.3		%				(562)						(5.2)		%				—						—		%
Non-deductible compensation			1,009						2.5		%				808						7.5		%				526						9.0		%
Unrealized intercompany foreign currency translation gain			(148)						(0.4)		%				(250)						(2.3)		%				(708)						(12.1)		%
Deemed income from foreign subsidiaries			322						0.8		%				331						3.1		%				297						5.1		%
Other, net			(151)						(0.4)		%				221						2.0		%				50						0.8		%
Net income tax expense (benefit)			$	10,633					26.3		%				$	4,402					41.0		%				$	3,376					57.5		%

Schedule of Deferred Tax Assets and Liabilities

Deferred Tax Liabilities and Assets. The significant items giving rise to the deferred tax assets and liabilities as of December 31, 2023 and 2022 are as follows (in thousands): 

			2023						2022
Deferred tax assets:
Net operating loss			$	54,274					$	75,326
Employee benefits			1,796						2,810
Deductible goodwill and other intangibles			48,201						48,432
Land			3,461						3,159
Other reserves			7,890						7,439
Deferred revenue			2,381						—
Operating lease liabilities			3,199						4,133
Capital losses			2,036						1,930
Other			1,770						2,303
Deferred tax assets			125,008						145,532
Valuation allowance			(78,769)						(82,905)
Deferred tax assets, net			$	46,239					$	62,627
Deferred tax liabilities:
Intangibles			$	(18,949)					$	(20,098)
Depreciation			(36,048)						(43,394)
Operating lease right-of-use assets			(3,045)						(3,913)
Deferred tax liabilities			(58,042)						(67,405)
Net deferred tax liabilities, net			$	(11,803)					$	(4,778)

Summary Of Operating Loss and Tax Credit Carry forwards

NOL Carryforwards. The following table summarizes net operating loss (NOL) carryforwards at December 31, 2023 (in thousands): 

			Amount						Expiration Period
Net operating loss carryforwards:
Canada – Federal and provincial			$	144,242					Begins to expire in 2035
U.S. – Federal			34,028						Begins to expire in 2036
U.S. – Federal			30,655						Does not expire
U.S. – State, tax effected			6,073						Begins to expire in 2024

Summary of Valuation Allowance

Changes in our valuation allowance for the years ended December 31, 2023 and 2022 are as follows (in thousands): 

Balance as of December 31, 2021			$	(85,351)
Change in income tax provision			(153)
Other change			(1,178)
Foreign currency translation			3,777
Balance as of December 31, 2022			(82,905)
Change in income tax provision			2,556
Other change			1,767
Foreign currency translation			(187)
Balance as of December 31, 2023			$	(78,769)

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