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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2013
Income Tax Disclosure [Abstract] |
Income (loss) before income taxes and equity income | The United States and foreign components of income before income taxes, equity in earnings in affiliates, and discontinued operations are as follows:
|  | 2013 |  | 2012 |  | 2011
|  | (In thousands)
Income before income taxes, equity in earnings in affiliates, and discontinued operations |  |  |  |  |  |
United States |  | $ | 71,667 |  |  | $ | 91,048 |  |  | $ | 96,670 |
Foreign |  | 13,480 |  |  | 9,370 |  |  | 14,583 |
|  | 85,147 |  |  | 100,418 |  |  | 111,253 |
Discontinued operations: |  |  |  |  |  |
Income (loss) from operation of discontinued business |  | (2,265 | ) |  | (18,465 | ) |  | 12,572 |
Total |  | $ | 82,882 |  |  | $ | 81,953 |  |  | $ | 123,825 |
Components of taxes on income (loss) | axes consists of the following components:
|  | 2013 |  | 2012 |  | 2011
|  | (In thousands)
Continuing Operations: |  |  |  |  |  |
Federal income taxes: |  |  |  |  |  |
Current |  | $ | (26,841 | ) |  | $ | 36,631 |  |  | $ | (4,198 | )
Deferred |  | (4,449 | ) |  | (78,275 | ) |  | 36,716 |
|  | (31,290 | ) |  | (41,644 | ) |  | 32,518 |
State income taxes: |  |  |  |  |  |
Current |  | 2,294 |  |  | 5,020 |  |  | 2,099 |
Deferred |  | (1,221 | ) |  | (8,770 | ) |  | 4,732 |
|  | 1,073 |  |  | (3,750 | ) |  | 6,831 |
Foreign income taxes: |  |  |  |  |  |
Current |  | 4,445 |  |  | 5,497 |  |  | 4,211 |
Deferred |  | (278 | ) |  | (665 | ) |  | (388 | )
|  | 4,167 |  |  | 4,832 |  |  | 3,823 |
Total U.S. and foreign |  | (26,050 | ) |  | (40,562 | ) |  | 43,172 |
Discontinued operations: |  |  |  |  |  |
Tax (benefit) provision allocated to discontinued operations |  | — |  |  | (7,805 | ) |  | 4,753 |
Total |  | $ | (26,050 | ) |  | $ | (48,367 | ) |  | $ | 47,925 |
Reconciliation of the statutory U.S. federal tax rate (35.0%) and the effective income tax rate | A reconciliation of the statutory U.S. federal tax rate of 35.00% and the effective income tax rate is as follows:
|  | 2013 |  | 2012 |  | 2011
|  | (In thousands)
Continuing operations: |  |  |  |  |  |
Provisions using statutory federal income tax rate |  | $ | 29,801 |  |  | $ | 35,147 |  |  | $ | 38,939 |
State income taxes, net of federal tax benefit |  | 1,104 |  |  | 4,291 |  |  | 4,480 |
REIT Benefit |  | (34,454 | ) |  | — |  |  | — |
Impact of REIT election |  | (14,946 | ) |  | (79,033 | ) |  | — |
Change in contingent tax liabilities |  | (5,701 | ) |  | — |  |  | (337 | )
Impact of nondeductible transaction costs |  | — |  |  | — |  |  | 65 |
Reenactment of Federal Tax Credits |  | (1,084 | ) |  | — |  |  | — |
Other, net |  | (770 | ) |  | (967 | ) |  | 25 |
Total continuing operations |  | (26,050 | ) |  | (40,562 | ) |  | 43,172 |
Discontinued operations: |  |  |  |  |  |
Tax benefit from operations of discontinued business |  | — |  |  | (7,805 | ) |  | 4,753 |
Provision for income taxes |  | $ | (26,050 | ) |  | $ | (48,367 | ) |  | $ | 47,925 |
Components of deferred tax assets and liabilities | The following table presents the breakdown between current and non-current net deferred tax assets as of December 31, 2013 and 2012:
|  | 2013 |  | 2012
|  | (In thousands)
Deferred tax assets - current |  | $ | 20,936 |  |  | $ | 18,290 |
Deferred tax liabilities - current |  | — |  |  | — |
Deferred tax assets - non current |  | 4,821 |  |  | 2,532 |
Deferred tax liabilities - non current |  | (14,689 | ) |  | (15,703 | )
Total net deferred tax assets |  | $ | 11,068 |  |  | $ | 5,119 |
The significant components of the Company's deferred tax assets and liabilities consisted of the following as of December 31, 2013 and 2012:
|  | 2013 |  | 2012
Deferred tax assets: |  | (In thousands)
Net operating losses |  | $ | 22,461 |  |  | $ | 23,062 |
Accrued liabilities |  | 18,879 |  |  | 13,060 |
Deferred compensation |  | 8,604 |  |  | 7,666 |
Accrued compensation |  | 5,736 |  |  | 6,433 |
Deferred revenue |  | 5,523 |  |  | — |
Deferred rent |  | 5,264 |  |  | 4,864 |
Tax credits |  | 4,326 |  |  | 8,380 |
Equity awards |  | 3,822 |  |  | 1,816 |
Other, net |  | 309 |  |  | 8,060 |
Valuation allowance |  | (12,704 | ) |  | (13,506 | )
Total deferred tax assets |  | $ | 62,220 |  |  | $ | 59,835 |
Deferred tax liabilities: |  |  |  |
Intangible assets |  | $ | (43,699 | ) |  | $ | (45,955 | )
Depreciation |  | (7,453 | ) |  | (8,761 | )
Total deferred tax liabilities |  | $ | (51,152 | ) |  | $ | (54,716 | )
Total net deferred tax assets |  | $ | 11,068 |  |  | $ | 5,119 |
Reconciliation of unrecognized tax benefits | A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
|  | 2013 |  | 2012 |  | 2011
|  | (In thousands)
Balance at Beginning of Period |  | $ | 18,499 |  |  | $ | 6,528 |  |  | $ | 9,062 |
Additions based on tax positions related to the current year |  | — |  |  | 2,437 |  |  | 13 |
Additions for tax positions of prior years |  | 1,543 |  |  | 13,356 |  |  | 43 |
Additions from current year acquisitions |  | — |  |  | — |  |  | 3,848 |
Reductions for tax positions of prior years |  | — |  |  | — |  |  | (3,237 | )
Reductions as a result of a lapse of applicable statutes of limitations |  | (1,298 | ) |  | (592 | ) |  | (845 | )
Settlements |  | (15,978 | ) |  | (3,230 | ) |  | (2,356 | )
Balance at End of Period |  | $ | 2,766 |  |  | $ | 18,499 |  |  | $ | 6,528 |

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