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Income Taxes | 12 Months Ended
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Dec. 31, 2016
Income Taxes [Abstract] |
Income Taxes | 8. Income Taxes The current and deferred federal and state income tax provision for continuing operations, are comprised of the following:
| December 31,
|  | 2016 |  |  | 2015 |  | 2014
| (Amounts in Thousands)
Current |  |  |  |  |  |  |
Federal | $ | 4,400 |  | $ | 2,743 | $ | 2,231
State |  | 908 |  |  | 528 |  | 976
Deferred |  |  |  |  |  |  |
Federal |  | (1,147 | ) |  | 546 |  | 1,915
State |  | (167 | ) |  | 115 |  | 306
Provision for income taxes | $ | 3,994 |  | $ | 3,932 | $ | 5,428
The tax effects of certain temporary differences between the Company's book and tax bases of assets and liabilities give rise to significant portions of the deferred income tax assets at December 31, 2016 and 2015. The deferred tax assets consisted of the following:
| December 31,
| 2016 | 2015(1)
| (Amounts in Thousands)
Deferred tax assets |  |  |  |  |  |
Long-term |  |  |  |  |  |
Accounts receivable allowances | $ | 2,960 |  | $ | 1,930 |
Accrued compensation |  | 2,733 |  |  | 1,165 |
Accrued workers' compensation |  | 4,854 |  |  | 5,092 |
Transaction costs |  | 1,137 |  |  | 917 |
Reserves |  | 169 |  |  | 300 |
Restructuring costs |  | 718 |  |  | — |
Stock-based compensation |  | 954 |  |  | 1,190 |
Other |  | 524 |  |  | 926 |
Total long-term deferred tax assets |  | 14,049 |  |  | 11,520 |
Deferred tax liabilities |  |  |  |  |  |
Long-term |  |  |  |  |  |
Goodwill and intangible assets |  | (9,863 | ) |  | (8,346 | )
Property and equipment |  | (552 | ) |  | (697 | )
Prepaid insurance |  | (478 | ) |  | (473 | )
Other |  | (3 | ) |  | (179 | )
Total long-term deferred tax liabilities |  | (10,896 | ) |  | (9,695 | )
Total net deferred tax assets | $ | 3,153 |  | $ | 1,825 |
(1) | Prior year was adjusted to conform to current year presentation.
Management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers projected future taxable income and tax-planning strategies in making this assessment. Based on this assessment, management believes it is more likely than not that the Company will realize its deferred income tax assets as of December 31, 2016. In November 2015, the FASB issued ASU 2015-17, "Balance Sheet Classification of Deferred Taxes," which requires an entity to classify deferred tax liabilities and assets as noncurrent within a classified balance sheet. Previous guidance required deferred tax liabilities and assets be separated into current and noncurrent amounts on the balance sheet. The Company early adopted ASU 2015-17 in the fourth quarter of 2016 on a retrospective basis. The early adoption of this standard did not have a material impact on the Company's financial position, consolidated results of operations or financial statement disclosures. A reconciliation for continuing operation of the statutory federal tax rate of 35.0%, 34.5% and 34.5% to the effective income tax rate, for the years ended December 31, 2016, 2015, and 2014, is summarized as follows:
| December 31,
| 2016 |  | 2015 |  | 2014 |
Federal income tax at statutory rate | 35.0 | % | 34.5 | % | 34.5 | %
State and local taxes, net of federal benefit | 5.2 |  | 5.2 |  | 5.9 |
Jobs tax credits, net | (15.8 | ) | (11.1 | ) | (9.9 | )
Nondeductible permanent items | 0.9 |  | 0.5 |  | 0.5 |
Other | (0.2 | ) | (3.4 | ) | 0.2 |
Effective income tax rate | 25.1 | % | 25.7 | % | 31.2 | %
The Company is subject to taxation in the jurisdictions in which it operates. The Company continues to remain subject to examination by U.S. federal authorities for the years 2013 through 2016 and for various state authorities for the years 2012 through 2016. At December 31, 2016 and 2015, the Company did not have any unrecognized tax benefits under ASC Topic 740. During 2015, the Company believed that it no longer had any uncertain tax positions that required a reserve and therefore recognized the previous $0.1 million unrecognized tax benefit during 2015. During 2016, the Company did not record a reserve for uncertain tax positions. A summary of the activities associated with the Company's reserve for unrecognized tax benefits is as follows:
|  | Unrecognized |
|  | Tax Benefits |
|  | (Amounts in |
|  | Thousands) |
Balance at December 31, 2014 | $ | 115 |
Decreases related to current year tax positions |  | (115 | )
Balance at December 31, 2015 | $ | — |
Decreases related to current year tax positions |  | — |
Balance at December 31, 2016 | $ | — |
The Company recognizes interest and penalties accrued related to uncertain tax positions in interest expense and penalties within operating expenses on the Consolidated Statements of Income. Accrued interest and penalties are included on the Consolidated Balance Sheets within accrued interest and penalties for uncertain tax positions. The Company did not have any uncertain tax positions as of December 31, 2016 or December 31, 2015, and as a result, it has not recorded a liability for interest and penalties for either year respectively.

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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 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 2: 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=65882285&loc=d3e32559-109319 Reference 3: 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=65882285&loc=d3e32718-109319 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=65882285&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=65882285&loc=d3e32537-109319 + Details
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