Note 8 - Income Taxes	6 Months Ended
Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	8 . Income taxes For the three months ended June 30, 2017, we recorded an income tax expense of $1.1 million on income before income taxes of $6.3 million, using an estimated effective tax rate for the fiscal year ending December 31, 2017 ( “Fiscal 2017” ) adjusted for certain minimum state taxes as well as the inclusion of a $1.2 million tax recovery related to the adoption of ASU 2016 - 09, which requires all excess tax benefits and tax deficiencies related to employee share-based payments to be recognized through income tax expense on a prospective basis . Comparatively, for the three months ended June 30, 2016, the Company recorded a provision for income taxes of $2.1 million on income before taxes of $6.1 million, using an estimated effective tax rate for the 2016 fiscal year. For the six months ended Ju ne 30, 2017, we recorded an income tax expense of $1.0 million on income before income taxes of $8.6 million, using an estimated effective tax rate for Fiscal 2017 adjusted for certain minimum state taxes as well as the inclusion of a $2.2 million tax recovery related to the adoption of ASU 2016 - 09, which requires all excess tax benefits and tax deficiencies related to employee share-based payments to be recognized through income tax expense on a prospective basis . Comparatively, for the six months ended June 30, 2016, the Company recorded a provision for income taxes of $4.0 million on income before taxes of $12.5 million, using an estimated effective tax rate for the 2016 fiscal year. In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the years in which those temporary differences become deductible. The Company considers projected future taxable income, uncertainties related to the industry in which we operate, and tax planning strategies in making this assessment. On January 20, 2017, the Company acquired eNom and as part of the acquisition, the Company assumed $21.9 million of deferred tax liabilities (note 4 (b)). The Company follows the provisions of FASB ASC Topic 740, Income Taxes to account for income tax exposures. The application of this interpretation requires a two -step process that separates recognition of uncertain tax benefits from measurement thereof. The Company had nil gross unrecognized tax benefit as of June 30, 2017 and approximately $0.1 million as of December 31, 2016. During the quarter ended June 30, 2017, the Company settled the outstanding tax matter relating to prior Pennsylvania state franchise taxes under the state’s tax amnesty program. The Company recognizes accrued interest and penalties related to income taxes in income tax expense. The Company did not have significant interest a nd penalties accrued at June 30, 2017 and December 31, 2016, respectively.

. Income taxes

For the

three

months ended

June 30, 2017,

we recorded an income tax expense of

$1.1

million on income before income taxes of

$6.3

million, using an estimated effective tax rate for the fiscal year ending

December 31, 2017 (

“Fiscal

2017”

) adjusted for certain minimum state taxes as well as the inclusion of a

$1.2

million tax recovery related to the adoption of ASU

2016

09,

which requires all excess tax benefits and tax deficiencies related to employee share-based payments to be recognized through income tax expense on a prospective basis

. Comparatively, for the

three

months ended

June 30, 2016,

the Company recorded a provision for income taxes of

$2.1

million on income before taxes of

$6.1

million, using an estimated effective tax rate for the

2016

fiscal year.

For the

six

months ended Ju

30,

2017,

we recorded an income tax expense of

$1.0

million on income before income taxes of

$8.6

million, using an estimated effective tax rate for Fiscal

2017

adjusted for certain minimum state taxes as well as the inclusion of a

$2.2

million tax recovery related to the adoption of ASU

2016

09,

which requires all excess tax benefits and tax deficiencies related to employee share-based payments to be recognized through income tax expense on a prospective basis

. Comparatively, for the

six

months ended

June 30, 2016,

the Company recorded a provision for income taxes of

$4.0

million on income before taxes of

$12.5

million, using an estimated effective tax rate for the

2016

fiscal year.

In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than

not

that some portion or all of the deferred tax assets will

not

be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the years in which those temporary differences become deductible. The Company considers projected future taxable income, uncertainties related to the industry in which we operate, and tax planning strategies in making this assessment.

January 20, 2017,

the Company acquired eNom

and as part of the acquisition, the Company assumed

$21.9

million of deferred tax liabilities (note

(b)).

The Company follows the provisions of FASB ASC Topic

740,

Income Taxes to account for income tax exposures. The application of this interpretation requires a

two

-step process that separates recognition of uncertain tax benefits from measurement thereof.

The Company had

nil

gross unrecognized tax benefit as of

June 30, 2017

and approximately

$0.1

million as of

December 31, 2016.

During the quarter ended

June 30, 2017,

the Company settled the outstanding tax matter relating to prior Pennsylvania state franchise taxes under the state’s tax amnesty program.

The Company recognizes accrued interest and penalties related to income taxes in income tax expense. The Company did

not

have significant interest a

nd penalties accrued at

June 30, 2017

and

December 31, 2016,

respectively.