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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Components of Income Before Income Taxes

The components of income before income as shown in the accompanying Consolidated Statement of Operations, consisted of the following for the years ended December 31, 2019, 2018 and 2017:

		Years Ended December 31,
		2019				2018				2017
		(Amounts in thousands)
Income before income taxes:
Domestic		$	6,787			$	7,520			$	1,875
Foreign			8,432				1,894				1,073
Income before income taxes		$	15,219			$	9,414			$	2,948

Provision for Income Taxes

The provision for income taxes, as shown in the accompanying Consolidated Statement of Operations, consisted of the following for the years ended December 31, 2019, 2018 and 2017:

		Years Ended December 31,
		2019				2018				2017
		(Amounts in thousands)
Current provision:
Federal		$	1,555			$	1,494			$	1,101
State			406				273				159
Foreign			751				807				276
Total current provision			2,712				2,574				1,536
Deferred provision:
Federal			(13	)			317				(205	)
State			(4	)			96				(73	)
Foreign			1,379				(264	)			64
Total deferred provision			1,362				149				(214	)
Total provision for income taxes		$	4,074			$	2,723			$	1,322

Reconciliation of Income Taxes

The reconciliation of income taxes computed using our statutory U.S. income tax rate and the provision for income taxes for the years ended December 31, 2019, 2018 and 2017 were as follows:

		Years Ended December 31,
(Amounts in thousands)		2019								2018								2017
Income taxes computed at the federal statutory rate		$	3,196				21.0	%		$	1,977				21.0	%		$	1,002				34.0	%
State income taxes, net of federal tax benefit			404				2.7				387				4.1				116				3.9
Excess tax benefits from stock options/restricted shares			(9	)			(0.1	)			(93	)			(1.0	)			(140	)			(4.7	)
Estimated charge for U.S. tax reform			—				—				251				2.7				372				12.6
Charge for global intangible low-taxed income (“GILTI”)			69				0.5				—				—				—				—
Difference in tax rate on foreign earnings/other			414				2.7				201				2.1				(28	)			(1.0	)
		$	4,074				26.8	%		$	2,723				28.9	%		$	1,322				44.8	%

Components of Deferred Tax Assets and Liabilities

The components of the deferred tax assets and liabilities were as follows:

		At December 31,
		2019				2018
		(Amounts in thousands)
Deferred tax assets:
Allowance for doubtful accounts		$	88			$	109
Accrued vacation and bonuses			315				228
Stock-based compensation expense			396				194
Acquisition-related transaction costs			414				507
Total deferred tax assets			1,213				1,038
Deferred tax liabilities:
Prepaid expenses			221				186
Depreciation, intangibles and contingent consideration			2,017				555
Total deferred tax liabilities			2,238				741
Net deferred tax asset (liability)		$	(1,025	)		$	297

Unrecognized Tax Benefits Related to Uncertain Tax Positions

A reconciliation of the beginning and ending amounts of unrecognized tax benefits related to uncertain tax positions, including interest and penalties, for the three years ended December 31, 2019 is as follows:

		Years Ended December 31,
(Amounts in thousands)		2019				2018				2017
Unrecognized tax benefits, beginning balance		$	263			$	95			$	128
Additions related to current period			—				208				—
Additions related to prior periods			—				—				—
Reductions related to prior periods			(243	)			(40	)			(33	)
Unrecognized tax benefits, ending balance		$	20			$	263			$	95

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