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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2012
Components of Pretax Income | The components of pretax income for the years ended December 31, 2012, 2011 and 2010 are as follows:
|  | For the Year Ended December 31, |
|  | 2012 |  |  | 2011 |  |  | 2010 |
|  | (Dollars in thousands) |
U.S |  | $ | (198,893 | ) |  | $ | 23,409 |  |  | $ | 223,124 |
Foreign |  |  | 17,181 |  |  |  | 20,070 |  |  |  | 19,494 |
Total |  | $ | (181,712 | ) |  | $ | 43,479 |  |  | $ | 242,618 |
Schedule of Provision for Income Taxes from Continuing Operations | The provision for income taxes from continuing operations for the years ended December 31, 2012, 2011 and 2010 consists of the following:
|  | For the Year Ended December 31, |
|  | 2012 |  |  | 2011 |  |  | 2010 |
|  | (Dollars in thousands) |
Current (benefit) provision |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | (5,918 | ) |  | $ | 11,787 |  |  | $ | 85,405 |
State and local |  |  | 283 |  |  |  | 759 |  |  |  | 11,121 |
Foreign |  |  | 200 |  |  |  | 2,182 |  |  |  | 3,565 |
Total current (benefit) provision |  |  | (5,435 | ) |  |  | 14,728 |  |  |  | 100,091 |
Deferred (benefit) provision |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | (39,650 | ) |  |  | 26,499 |  |  |  | (20,699 | )
State and local |  |  | (1,908 | ) |  |  | 5,319 |  |  |  | (516 | )
Foreign |  |  | 187 |  |  |  | 194 |  |  |  | 72 |
Total deferred (benefit) provision |  |  | (41,371 | ) |  |  | 32,012 |  |  |  | (21,143 | )
Total (benefit) provision for income taxes |  | $ | (46,806 | ) |  | $ | 46,740 |  |  | $ | 78,948 |
Schedule of Reconciliation of the Statutory U.S. Federal Income Tax Rate to Effective Income Tax Rate for Continuing Operations | A reconciliation of the statutory U.S. federal income tax rate to our effective income tax rate for continuing operations for the years ended December 31, 2012, 2011 and 2010 is as follows:
|  | For the Year Ended December 31, |
|  | 2012 |  |  | 2011 |  |  | 2010 |
Statutory U.S. federal income tax rate |  |  | (35.0 | )% |  |  | 35.0 | % |  |  | 35.0 | %
State and local income taxes |  |  | (3.8 | ) |  |  | 2.7 |  |  |  | 2.8 |
Nondeductible goodwill |  |  | 15.0 |  |  |  | 103.5 |  |  |  | — |
Valuation allowance |  |  | 2.7 |  |  |  | 0.1 |  |  |  | (0.3 | )
Foreign taxes |  |  | (2.3 | ) |  |  | (15.6 | ) |  |  | (1.3 | )
Tax credits |  |  | — |  |  |  | (10.5 | ) |  |  | (2.8 | )
Worthless stock |  |  | — |  |  |  | (3.0 | ) |  |  | — |
Other |  |  | (2.4 | ) |  |  | (4.7 | ) |  |  | (0.9 | )
Effective income tax rate |  |  | (25.8 | )% |  |  | 107.5 | % |  |  | 32.5 | %
Schedule of Reconciliation of the Beginning and Ending Amount of Gross Unrecognized Tax Benefits | A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits as of December 31, 2012, 2011 and 2010 is as follows:
|  | 2012 |  |  | 2011 |  |  | 2010 |
|  | (Dollars in thousands) |
Gross unrecognized tax benefits, beginning of the year |  | $ | 29,892 |  |  | $ | 28,316 |  |  | $ | 29,357 |
Additions for tax positions of prior years |  |  | — |  |  |  | 1,894 |  |  |  | 1,518 |
Reductions for tax positions of prior years |  |  | (3,548 | ) |  |  | (1,748 | ) |  |  | (3,765 | )
Additions for tax positions related to the current year |  |  | 958 |  |  |  | 2,764 |  |  |  | 2,231 |
Reductions due to settlements |  |  | (2,531 | ) |  |  | (690 | ) |  |  | (810 | )
Reductions due to lapse of applicable statute of limitations |  |  | (292 | ) |  |  | (644 | ) |  |  | (215 | )
Subtotal |  |  | 24,479 |  |  |  | 29,892 |  |  |  | 28,316 |
Interest and penalties |  |  | 3,794 |  |  |  | 4,532 |  |  |  | 3,892 |
Total gross unrecognized tax benefits, end of the year |  | $ | 28,273 |  |  | $ | 34,424 |  |  | $ | 32,208 |
Schedule of Components of Deferred Income Tax Assets and Liabilities for Continuing Operation | Components of deferred income tax assets and liabilities for continuing operations as of December 31, 2012 and 2011 are as follows:
|  | December 31, |
|  | 2012 |  |  | 2011 |
|  | (Dollars in thousands) |
Deferred income tax assets: |  |  |  |  |  |  |  |
Accrued occupancy |  | $ | 3,526 |  |  | $ | 1,675 |
Deferred rent obligations |  |  | 17,327 |  |  |  | 17,285 |
Foreign tax credits |  |  | 22,267 |  |  |  | — |
Valuation allowance foreign tax credits |  |  | (607 | ) |  |  | — |
Compensation and employee benefits |  |  | 13,946 |  |  |  | 17,418 |
Tax net operating loss carry forwards |  |  | 5,454 |  |  |  | 5,312 |
Valuation allowance |  |  | (5,100 | ) |  |  | (4,327 | )
Allowance for doubtful accounts |  |  | 2,150 |  |  |  | 5,151 |
Covenant not-to-compete |  |  | 117 |  |  |  | 210 |
Accrued settlements and legal |  |  | 1,887 |  |  |  | 2,767 |
Deferred compensation |  |  | 130 |  |  |  | 647 |
Accrued restructuring and severance |  |  | 2,332 |  |  |  | 1,138 |
Other |  |  | 1,988 |  |  |  | 4,332 |
Total deferred income tax assets |  |  | 65,417 |  |  |  | 51,608 |
Deferred income tax liabilities: |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 4,974 |  |  |  | 32,189 |
Other |  |  | 5,281 |  |  |  | 5,909 |
Total deferred income tax liabilities |  |  | 10,255 |  |  |  | 38,098 |
Net deferred income tax assets |  | $ | 55,162 |  |  | $ | 13,510 |
Schedule of Net Deferred Income Tax Assets for Continuing Operations | Net deferred income tax assets for continuing operations as of December 31, 2012 and 2011 are reflected in the consolidated balance sheets as follows:
|  | December 31, |
|  | 2012 |  |  | 2011 |
|  | (Dollars in thousands) |
Current deferred income tax assets, net |  | $ | 7,092 |  |  | $ | 10,837 |
Non-current deferred income tax assets, net |  |  | 48,070 |  |  |  | 2,673 |
Net deferred income tax assets |  | $ | 55,162 |  |  | $ | 13,510 |

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- Definition Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. + 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 FASB Interpretation (FIN) -Number 48 -Paragraph 21 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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