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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2024
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, 2024, 2023 and 2022 consisted of the following (in thousands):
| 2024 |  | 2023 |  | 2022
Canada operations | $ | (39,088) |  |  | $ | 5,524 |  |  | $ | 3,040 |
Foreign operations | 33,151 |  |  | 34,839 |  |  | 7,692 |
Total | $ | (5,937) |  |  | $ | 40,363 |  |  | $ | 10,732 |
Schedule of Components of Income Tax Expense (Benefit) | The components of the income tax expense (benefit) for the years ended December 31, 2024, 2023 and 2022 consisted of the following (in thousands):
| 2024 |  | 2023 |  | 2022
Current: |  |  |  |  |
Canada | $ | 41 |  |  | $ | 142 |  |  | $ | 31 |
Foreign | 20,110 |  |  | 3,685 |  |  | 194 |
Total | $ | 20,151 |  |  | $ | 3,827 |  |  | $ | 225 |
Deferred: |  |  |  |  |
Canada | $ | — |  |  | $ | — |  |  | $ | — |
Foreign | (7,659) |  |  | 6,806 |  |  | 4,177 |
Total | $ | (7,659) |  |  | $ | 6,806 |  |  | $ | 4,177 |
Net income tax expense (benefit) | $ | 12,492 |  |  | $ | 10,633 |  |  | $ | 4,402 |
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, 2024, 2023 and 2022 (in thousands):
| 2024 |  | 2023 |  | 2022 |
Canadian federal tax benefit at statutory rates | $ | (891) |  |  | 15.0 | % |  | $ | 6,054 |  |  | 15.0 | % |  | $ | 1,610 |  |  | 15.0 | % |
Canadian provincial income tax | (3,186) |  |  | 53.6 | % |  | 497 |  |  | 1.2 | % |  | 282 |  |  | 2.6 | % |
Effect of foreign income tax, net | 5,642 |  |  | (95.0) | % |  | 5,481 |  |  | 13.6 | % |  | 1,809 |  |  | 16.9 | % |
Valuation allowance | 8,983 |  |  | (151.2) | % |  | (2,556) |  |  | (6.3) | % |  | 153 |  |  | 1.4 | % |
Noncontrolling interest | 325 |  |  | (5.5) | % |  | 125 |  |  | 0.3 | % |  | (562) |  |  | (5.2) | % |
Non-deductible compensation | 1,213 |  |  | (20.4) | % |  | 1,009 |  |  | 2.5 | % |  | 808 |  |  | 7.5 | % |
Unrealized intercompany foreign currency translation gain | (18) |  |  | 0.3 | % |  | (148) |  |  | (0.4) | % |  | (250) |  |  | (2.3) | % |
Deemed income from foreign subsidiaries | 243 |  |  | (4.1) | % |  | 322 |  |  | 0.8 | % |  | 331 |  |  | 3.1 | % |
Other, net | 181 |  |  | (3.1) | % |  | (151) |  |  | (0.4) | % |  | 221 |  |  | 2.0 | % |
Net income tax expense (benefit) | $ | 12,492 |  |  | (210.4) | % |  | $ | 10,633 |  |  | 26.3 | % |  | $ | 4,402 |  |  | 41.0 | % |
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, 2024 and 2023 are as follows (in thousands):
| 2024 |  | 2023
Deferred tax assets: |  |  |
Net operating loss | $ | 53,756 |  |  | $ | 54,274 |
Employee benefits | 1,767 |  |  | 1,796 |
Deductible goodwill and other intangibles | 42,713 |  |  | 48,201 |
Land | 3,495 |  |  | 3,461 |
Other reserves | 8,015 |  |  | 7,890 |
Deferred revenue | 2,249 |  |  | 2,381 |
Operating lease liabilities | 3,171 |  |  | 3,199 |
Capital losses | 1,869 |  |  | 2,036 |
Other | 2,255 |  |  | 1,770 |
Deferred tax assets | 119,290 |  |  | 125,008 |
Valuation allowance | (81,998) |  |  | (78,769) |
Deferred tax assets, net | $ | 37,292 |  |  | $ | 46,239 |
Deferred tax liabilities: |  |  |
Intangibles | $ | (15,135) |  |  | $ | (18,949) |
Depreciation | (22,641) |  |  | (36,048) |
Operating lease right-of-use assets | (3,074) |  |  | (3,045) |
Deferred tax liabilities | (40,850) |  |  | (58,042) |
Net deferred tax liabilities, net | $ | (3,558) |  |  | $ | (11,803) |
Summary Of Operating Loss and Tax Credit Carry forwards | NOL Carryforwards. The following summarizes net operating loss (NOL) carryforwards at December 31, 2024 (in thousands):
| Amount |  | Expiration Period
Net operating loss carryforwards: |  |  |
Canada – Federal and provincial | $ | 134,113 |  |  | Begins to expire in 2032
U.S. – Federal | 34,334 |  |  | Begins to expire in 2036
U.S. – Federal | 39,624 |  |  | Does not expire
U.S. – State, tax effected | 6,145 |  |  | Begins to expire in 2024
Summary of Valuation Allowance | Changes in our valuation allowance for the years ended December 31, 2024 and 2023 are as follows (in thousands):
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) |
Change in income tax provision | (8,983) |
Other change | 910 |
Foreign currency translation | 4,844 |
Balance as of December 31, 2024 | $ | (81,998) |

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- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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