XML 49 R31.htm IDEA: XBRL DOCUMENT v3.4.0.3

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Summary of Provision for Income Taxes from Continuing Operations

The provision for income taxes from operations is as follows (in thousands):

		Year ended December 31,
		2015				2014				2013
						(As Restated)				(As Restated)
Current:
Federal		$	5,833			$	(7,058	)		$	5,391
State			921				(640	)			1,058
			6,754				(7,698	)			6,449
Deferred:
Federal			1,854				(10,294	)			(720	)
State			1,044				894				(85	)
			2,898				(9,400	)			(805	)
Total (benefit) provision		$	9,652			$	(17,098	)		$	5,644

Summary of Deferred Income Tax Assets and Liabilities

Deferred income tax assets and liabilities are comprised of the following components (in thousands):

		December 31,
		2015				2014
						(As Restated)
Gross deferred income tax assets:
Workers’ compensation claims liabilities		$	11,190			$	12,168
MCC accrual			3,532				3,282
Safety incentives payable			5,851				3,782
Allowance for doubtful accounts			109				118
Deferred compensation			219				10
Equity based compensation			719				588
Tax effect of unrealized losses, net			(3	)			856
Alternative minimum tax credit carryforward			1,831				1,831
State credit carryforward			712				882
State loss carryforward			0				506
Workers’ opportunity tax credit and EZ credit carryforward			0				2,986
Other			436				126
			24,596				27,135
Less valuation allowance			216				1,078
			24,380				26,057
Gross deferred income tax liabilities:
Tax depreciation in excess of book depreciation			(4,243	)			(3,771	)
Tax amortization of goodwill			(12,395	)			(11,588	)
Other			(57	)			(117	)
			(16,695	)			(15,476	)
Net deferred income tax assets		$	7,685			$	10,581

Summary of Effective Tax Rate for Continuing Operations Differed from U.S. Statutory Federal Tax Rate

The effective tax rate for operations differed from the U.S. statutory federal tax rate due to the following:

		Year ended December 31,
		2015				2014				2013
						(As Restated)				(As Restated)
Statutory federal tax rate			35.0	%			(35.0	)%			35.0	%
State taxes, net of federal benefit			4.3				.6				3.4
Valuation allowance on capital loss carryforward and state tax credit carryforward			(2.1	)			(.2	)			(.5	)
Adjustment for final positions on filed returns			(3.5	)			(.8	)			(.3	)
Nondeductible expenses and other, net			6.1				3.6				6.9
Federal tax-exempt interest income			(.1	)			(.2	)			(.2	)
Federal and state tax credits			(14.3	)			(6.9	)			(15.7	)
Other, net			2.1				(1.2	)			(2.1	)
			27.5	%			(40.1	)%			26.5	%

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: 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

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: 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

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration