XML 19 R27.htm IDEA: XBRL DOCUMENT
v3.20.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Income Tax (Benefit) Provision for Federal, State, and Local Income Taxes |
|  | Years Ended December 31,
($ in thousands) |  | 2019 |  | 2018
Current: |  |  |  |  |  |
Federal |  | $ | — |  | $ | —
State and local |  |  | 63 |  |  | 67
Total current |  |  | 63 |  |  | 67
Deferred: |  |  |  |  |  |
Federal |  |  | (354) |  |  | 1,404
State and local |  |  | (351) |  |  | 360
Total deferred |  |  | (705) |  |  | 1,764
Total (benefit) provision |  | $ | (642) |  | $ | 1,831
Reconciliation of Income Tax at The Federal, State and Local Statutory Rates to The Company’s Income Before Taxes |
|  | Years Ended December 31, |
|  | 2019 |  | 2018 |
U.S. statutory federal rate |  | 21.00 | % | 21.00 | %
State and local rate, net of federal tax |  | 7.40 |  | 14.16 |
Stock compensation |  | (7.01) |  | 18.25 |
Excess compensation deduction |  | (5.08) |  | 8.38 |
Foreign tax credits |  | 0.45 |  | (1.03) |
Federal true-ups |  | — |  | 0.41 |
Life insurance |  | (0.81) |  | 1.28 |
Other permanent differences |  | (0.16) |  | 0.25 |
Income tax (benefit) provision |  | 15.79 | % | 62.70 | %
Net Deferred Tax Liabilities |
|  | December 31,
($ in thousands) |  | 2019 |  | 2018
Deferred tax assets |  |  |  |  |  |
Stock-based compensation |  | $ | 2,774 |  | $ | 3,099
Federal, state and local net operating loss carryforwards |  |  | 1,207 |  |  | 566
Accrued compensation and other accrued expenses |  |  | 846 |  |  | 1,009
Allowance for doubtful accounts |  |  | 43 |  |  | 58
Basis difference arising from discounted note payable |  |  | 316 |  |  | 355
Foreign tax credit |  |  | 148 |  |  | 130
Charitable contribution carryover |  |  | 60 |  |  | 55
Property and equipment |  |  | 180 |  |  | 170
Total deferred tax assets |  |  | 5,574 |  |  | 5,442
Deferred tax liabilities |  |  |  |  |  |
Basis difference arising from intangible assets of acquisition |  |  | (13,008) |  |  | (13,581)
Total deferred tax liabilities |  |  | (13,008) |  |  | (13,581)
Net deferred tax liabilities |  | $ | (7,434) |  | $ | (8,139)

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration