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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Taxes [Abstract]

Composition of Income Tax Expense

						Year Ended December 31
						2020			2019
Current Tax Expense/(Benefit)
Federal					$	(92)		$	(12)
Foreign						137			-
State						17			42
						62			30
Deferred Tax Expense/(Benefit)
Federal						1			386
Foreign						136			-
State						-			(210)
						137			176
Tax benefit related to a decrease in unrecognized tax benefits						-			(221)
Interest expense, gross of related tax effects						-			(100)
Total					$	199		$	(115)

Reconciliation of Income Tax Rate

					Year Ended December 31
					2020			2019
Statutory U.S. federal income tax rate					21.0%		21.0%
State income taxes, net of federal tax benefit					3.9%		2.9%
Valuation allowance					(23.5)%		(20.1)%
Foreign rate differential					(0.1)%		0.0%
State rate and other changes on deferred taxes					(0.4)%		(1.1)%
Federal and state tax credits					0.1%		0.1%
Uncertain tax positions					0.0%		1.7%
Nondeductible expenses and other					(1.4)%		(4.3)%
Effective income tax rate					(0.4)%		0.2%

Components of Deferred Tax Assets and Liabilities

									December 31, 2020						December 31, 2019
Description									Assets			Liabilities			Assets			Liabilities
Accrued post-retirement and pension benefits								$	1,663		$	-		$	1,541		$	-
Intangible assets									-			(17)			-			(13)
Accrued expenses									2,027			-			3,370			-
Deferred state and local incentive revenue									1,132			-			1,780			-
Inventory valuation									3,145			-			2,071			-
Property, plant and equipment and railcars on operating leases									-			(2,018)			-			(6,295)
Net operating loss and tax credit carryforwards									48,738			-			34,078			-
Stock-based compensation expense									1,127			-			1,152			-
Other									1,135			-			-			(1,028)
Right of use asset									-			(5,543)			-			(14,193)
Lease liability									8,086			-			17,326			-
									67,053			(7,578)			61,318			(21,529)
Valuation Allowance									(59,613)			-			(39,792)			-
Deferred tax assets (liabilities)								$	7,440		$	(7,578)		$	21,526		$	(21,529)
Increase (decrease) in valuation allowance								$	19,821					$	15,342

Income Tax Years Subject to Examination

Jurisdiction											Earliest Year
U.S. Federal											2018
States:
Pennsylvania											2001
Texas											2018
Illinois											2010
Virginia											2017
Colorado											2010
Indiana											2017
Nebraska											2016
Alabama											2016
Foreign:
China											2017
Mexico											2020

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Tabular disclosure of open tax years by jurisdiction.

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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 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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