Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.3.1.900
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2015
Income Taxes [Abstract]  
Schedule of provision for income taxes (Benefit)

      Years ended  
      December 31,  
      2015     2014  
  Income (loss) before income taxes:                
  U.S.   $ 3,552     $ 8,760  
  Non-U.S.     (6,263 )     (1,335 )
  Total income (loss) before income taxes   $ (2,711 )   $ 7,425  
  Provision (benefit) for taxes:                
  Current:                
  Federal   $     $  
  State     33       58  
  Non-U.S.            
  Total current     33       58  
  Deferred:                
  Federal            
  State     (18 )     2  
  Non-U.S.            
  Total deferred     (18 )     2  
  Total income tax expense (benefit)   $ 15     $ 60  
  Effective income tax rate     (0.6 )%     0.8  
Schedule of difference between statutory federal income tax rate and tax provision attributable to income (loss) from continuing operations

      Years ended  
      December 31,  
        2015       2014  
  Computed expected federal tax expense   $ (949 )   $ 2,599  
  Decrease in valuation allowance     (672 )     (4,320 )
  State income net of federal benefit     203       376  
  Non-U.S. income taxed at different rates     848       172  
  Uncertain tax positions expense     (27 )     2  
  Foreign exchange adjustment     411       360  
  Foreign tax rate adjustment     180       847  
  Other     21       24  
  Income tax expense (benefit)   $ 15     $ 60  
Schedule of deferred tax assets

 

      As of December 31,  
      2015     2014  
  Deferred tax assets:                
  Net operating losses   $ 5,703     $ 4,827  
  Accrued compensation, bonuses, severance     336       75  
  Allowance for bad debt     46       36  
  Intangible amortization     104       152  
  Impaired assets     240       240  
  Accrued expenses     29       32  
  Deferred revenue     2,712       4,308  
  Depreciation     241       260  
  Tax credits     97       97  
  Valuation allowance     (7,196 )     (7,868 )
  Total deferred tax assets   $ 2,312     $ 2,159  
  Deferred tax liabilities:                
  Deferred course expenses   $ (2,312 )   $ (2,159 )
  Total deferred tax liabilities     (2,312 )     (2,159 )
  Net deferred tax asset   $     $  
Schedule of unrecognized tax benefits

 

      As of December 31,  
        2015       2014  
  Unrecognized tax benefits - January 1   $ 1,744     $ 1,915  
  Gross increases - tax positions in prior period           2  
  Gross decreases - tax positions in prior period     (27 )     (173 )
  Unrecognized tax benefits - December 31   $ 1,717     $ 1,744  
Schedule of liability for unrecognized tax benefits

      As of December 31,  
        2015       2014  
  Reduction of net operating loss carryforwards   $ 1,656     $ 1,676  
  Reduction of tax credit carryforwards     5       5  
  Total reductions of deferred tax assets     1,661       1,681  
  Noncurrent tax liability (reflected in Other long-term liabilities)     56       63  
  Total liability for unrecognized tax benefits   $ 1,717     $ 1,744