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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Income (Loss) Before Provision (Benefit) for Income Taxes

Income (loss) before provision (benefit) for income taxes for the years ended December 31, 2016, 2015 and 2014 was as follows:

		Year ended December 31,
		2016				2015				2014
Income (loss) before provision (benefit) for income taxes:
United States		$	(32,498	)		$	(42,450	)		$	(9,341	)
Foreign			25,189				19,500				22,513
Total		$	(7,309	)		$	(22,950	)		$	13,172

Income Tax Expense (Benefit)

Total income tax expense (benefit) for the years ended December 31, 2016, 2015, and 2014 was as follows:

		Year ended December 31,
		2016				2015				2014
Current:
U.S. Federal		$	—			$	—			$	—
State			1,017				420				37
Foreign			6,968				5,940				7,082
Total current expense		$	7,985			$	6,360			$	7,119
Deferred:
U.S. Federal		$	(11,033	)		$	(13,391	)		$	1,625
State			(6,440	)			(1,869	)			(382	)
U.S. deferred tax valuation allowance			1,882				—				(1,434	)
Foreign			(1,707	)			(1,618	)			(1,142	)
Total deferred expense (benefit)			(17,298	)			(16,878	)			(1,333	)
Total expense (benefit) (a)		$	(9,313	)		$	(10,518	)		$	5,786

(a) During the year ended December 31, 2016, the Company identified certain prior period tax expense (benefit) errors. The Company has determined that such errors were not material to the previously issued financial statements and therefore has corrected for such errors as out of period adjustments in 2016, resulting in $998 of tax benefit being recognized in 2016 that should have been recognized in 2015.

Reconciliation of Income Taxes Based on U.S. Federal Statutory Rate

A reconciliation of income taxes based on the U.S. federal statutory rate of 34% for each of the years ended December 31, 2016, 2015 and 2014 is summarized as follows:

		Year ended December 31,
		2016				2015				2014
Income taxes at the federal statutory rate		$	(2,490	)		$	(7,803	)		$	4,478
Decrease in U.S. valuation allowance			1,882				—				(1,434	)
Foreign tax credit (additions) expiration			(2,545	)			(1,343	)			2,736
State taxes, net of federal taxes			(1,558	)			(1,592	)			(362	)
Non-U.S. earnings taxed at different rates			(2,938	)			(2,308	)			(1,714	)
Non-deductible mergers and acquisition costs			—				1,299				1,971
R&D Tax credit			(282	)			(623	)			(529	)
Change in uncertain tax positions			(994	)			—				—
Other permanent differences, net			(388	)			1,852				640
		$	(9,313	)		$	(10,518	)		$	5,786

Tax Effects of Temporary Differences

The tax effects of the temporary differences as of December 31, 2016, 2015 and 2014 are as follows:

		December 31,
		2016				2015				2014
Deferred income tax liabilities:
Tax in excess of book depreciation		$	43,336			$	42,345			$	35,411
Goodwill			1,580				1,554				1,949
Intangible assets			86,492				91,947				15,944
Other deferred tax liabilities			1,771				897				1,924
Gross deferred income tax liabilities			133,179				136,743				55,228
Deferred income tax assets:
Goodwill			1,165				1,666				2,411
Inventories			960				4,490				2,035
Pension/Personnel accruals			1,602				2,778				3,029
Net operating loss carry forwards			10,296				8,313				1,196
Foreign tax credits			5,759				3,242				290
Guarantee claim deduction			414				1,141				1,141
Credit carry forwards			4,581				4,958				1,853
Accruals and reserves			1,741				—				—
Other deferred tax assets			11,160				2,510				1,926
Gross deferred income tax assets			37,678				29,098				13,881
Valuation allowance on deferred tax assets			(4,090	)			(2,376	)			—
Net deferred income tax assets			33,588				26,722				13,881
Net deferred income tax assets (liabilities) (b)		$	(99,591	)		$	(110,021	)		$	(41,347	)

(b) During the year ended December 31, 2016, the Company identified certain prior period errors related to the initial recognition of goodwill and deferred taxes in purchase accounting (see Note 10) as well as prior period errors in the 2015 tax provision as further described above. The Company has determined that such errors were not material to the previously issued financial statements and therefore has corrected for such errors in 2016. The impact of these purchase accounting and tax provision errors resulted in an understatement (overstatement) of net deferred income tax liabilities of $4,469 and $(1,444) as of December 31, 2015 and 2014.

Summary of Activity in Total Valuation Allowances

Below is a summary of the activity in the total valuation allowances during the years ended December 31, 2016, 2015 and 2014:

		Balance at Beginning of Year				Additions				Recoveries				Balance at End of Year
2016		$	2,376			$	1,882			$	(168	)		$	4,090
2015		$	—			$	2,376			$	—			$	2,376
2014		$	1,434			$	—			$	(1,434	)		$	—

Summary of Reconciliation of Beginning and Ending Amounts of Unrecognized Tax Benefits, Excluding Interest and Penalties

A reconciliation of the beginning and ending amounts of unrecognized tax benefits, excluding interest and penalties for the years ended December 31, 2016, 2015 and 2014 is as follows:

		2016				2015				2014
Beginning balance		$	5,724			$	3,834			$	873
Additions for tax positions of prior years			179				2,516				3,589
Reductions for tax positions of prior years			(1,162	)			(626	)			(628	)
Ending balance		$	4,741			$	5,724			$	3,834

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