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Income Taxes | 12 Months Ended
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Dec. 31, 2013
Income Tax Disclosure [Abstract] |
INCOME TAXES | INCOME TAXES Income tax expense (benefit) includes the following components:
|  | Federal |  | State |  | Foreign |  | Total
2013 |  |  |  |  |  |  |  |
Current |  | $ | 104,224 |  |  | 17,715 |  |  | 121,621 |  |  | 243,560 |
Deferred |  | (19,811 | ) |  | (1,164 | ) |  | — |  |  | (20,975 | )
|  | $ | 84,413 |  |  | 16,551 |  |  | 121,621 |  |  | 222,585 |
2012 |  |  |  |  |  |  |  |
Current |  | $ | 86,606 |  |  | 12,704 |  |  | 106,475 |  |  | 205,785 |
Deferred |  | 11,864 |  |  | (225 | ) |  | — |  |  | 11,639 |
|  | $ | 98,470 |  |  | 12,479 |  |  | 106,475 |  |  | 217,424 |
2011 |  |  |  |  |  |  |  |
Current |  | $ | 100,479 |  |  | 20,219 |  |  | 135,152 |  |  | 255,850 |
Deferred |  | (4,335 | ) |  | 270 |  |  | — |  |  | (4,065 | )
|  | $ | 96,144 |  |  | 20,489 |  |  | 135,152 |  |  | 251,785 |
Income tax expense differs from amounts computed by applying the United States Federal income tax rate of 35% to earnings before income taxes as a result of the following:
|  | 2013 |  | 2012 |  | 2011
Computed “expected” tax expense |  | $ | 200,408 |  |  | 192,638 |  |  | 223,310 |
Increase in income taxes resulting from: |  |  |  |  |  |
State income taxes, net of Federal income tax benefit |  | 10,758 |  |  | 8,111 |  |  | 13,318 |
Nondeductible stock compensation expense, net |  | 9,927 |  |  | 12,061 |  |  | 12,877 |
Other, net |  | 1,492 |  |  | 4,614 |  |  | 2,280 |
|  | $ | 222,585 |  |  | 217,424 |  |  | 251,785 |
The components of earnings before income taxes are as follows:
|  | 2013 |  | 2012 |  | 2011
United States |  | $ | 192,850 |  |  | 179,483 |  |  | 212,308 |
Foreign |  | 379,746 |  |  | 370,910 |  |  | 425,720 |
|  | $ | 572,596 |  |  | 550,393 |  |  | 638,028 |
The tax effects of temporary differences and tax credits that give rise to significant portions of deferred tax assets and deferred tax liabilities are as follows:
Years ended December 31, |  | 2013 |  | 2012
Deferred Tax Assets: |  |  |  |
Accrued third party obligations, deductible for taxes upon economic performance |  | $ | 16,973 |  |  | 10,144 |
Provision for doubtful accounts receivable |  | 756 |  |  | 1,111 |
Excess of financial statement over tax depreciation |  | 9,852 |  |  | 8,122 |
Deductible stock compensation expense, net |  | 11,621 |  |  | 9,382 |
Foreign currency translation adjustment |  | 3,432 |  |  | — |
Partnership basis difference |  | — |  |  | 1,426 |
Retained liability for cargo claims |  | 802 |  |  | 983 |
Total gross deferred tax assets |  | 43,436 |  |  | 31,168 |
Deferred Tax Liabilities: |  |  |  |
Unremitted foreign earnings, net of related foreign tax credits |  | (83,186 | ) |  | (94,787 | )
Foreign currency translation adjustment |  | — |  |  | (3,141 | )
Other |  | (135 | ) |  | (135 | )
Total gross deferred tax liabilities |  | $ | (83,321 | ) |  | (98,063 | )
Net deferred tax liabilities |  | $ | (39,885 | ) |  | (66,895 | )
Current deferred tax assets |  | $ | (18,396 | ) |  | (12,102 | )
Noncurrent deferred tax liabilities |  | $ | (58,281 | ) |  | (78,997 | )
Based on management’s review of the Company’s tax positions, the Company had no significant unrecognized tax benefits as of December 31, 2013 and 2012. The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction and various state, local and foreign jurisdictions. The Company is no longer subject to U.S. federal income tax examinations by tax authorities for years prior to 2010. With respect to state and local jurisdictions and countries outside of the United States, with limited exceptions, the Company and its subsidiaries are no longer subject to income tax audits for years prior to 2001. In the normal course of business, the Company is subject to examination by taxing authorities throughout the world. Although the outcome of tax audits is always uncertain, the Company believes that adequate amounts of tax, interest and penalties have been provided for any adjustments that may result from these open tax years. Any interest and penalties expensed in relation to the underpayment of income taxes were insignificant for the years ended December 31, 2013, 2012 and 2011.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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