Annual report pursuant to Section 13 and 15(d)

INCOME TAXES - Effective Income Tax Rate Reconciliation (Details)

v3.22.0.1
INCOME TAXES - Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Dec. 31, 2020
Jun. 25, 2020
Dec. 31, 2021
Dec. 31, 2019
(Loss) income before income taxes:        
Domestic $ (18,981) $ (49,477) $ (36,205) $ 10,859
Foreign 7,926 11,859 29,144 17,487
(Loss) income before income taxes $ (11,055) $ (37,618) $ (7,061) $ 28,346
Federal income tax rate (as a percent) 21.00% 21.00% 21.00% 21.00%
Federal income taxes $ (2,322) $ (7,900) $ (1,483) $ 5,953
State and local taxes 1,812 (278) (3,572) 426
Foreign rate differential (70) (125) (1,431) 789
Change in tax rates 735 0 225 (2,209)
Change in uncertain tax positions 40 (651) (1,005) 64
Change in valuation allowance (1,474) 883 2,657 588
Goodwill impairment 0 3,717 0 0
Impact of Luxembourg restructuring 0 0 0 (6,438)
U.S. effects of international operations 320 2,084 3,041 3,079
Tax credits (2,161) (1,201) (2,763) (5,233)
Section 162(m) limitation 0 0 206 0
Transaction costs 0 0 385 0
Stock-based compensation 0 0 502 0
Switzerland tax ruling 0 0 (4,057) 0
Foreign withholding taxes 0 0 350 0
Other 502 (11) (199) 515
Total benefit for income taxes $ (2,618) $ (3,482) $ (7,144) $ (2,466)
Effective tax rate (as a percent) 23.70% 9.30% 101.20% (8.70%)