XML 25 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9

Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision (benefit) for income taxes from continuing operations for the years ended December 31, 2012, 2013 and 2014 consisted of (in thousands):

	Year Ended December 31,
	2012				2013				2014
Current:
U. S. federal provision (benefit)	$	3,340			$	(672	)		$	1,188
State provision (benefit)	(40		)		(522		)		772
Total current provision (benefit)	$	3,300			$	(1,194	)		$	1,960
Deferred:
U. S. federal provision	$	3,885			$	8,708			$	5,117
State provision (benefit)	(391		)		1,731				178
Total deferred provision	$	3,494			$	10,439			$	5,295
Total income tax provision	$	6,794			$	9,245			$	7,255

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of taxes from continuing operations calculated at the U.S. federal statutory rate to those reflected in the Consolidated Statements of Operations for the years ended December 31, 2012, 2013 and 2014 is as follows (in thousands):

	Year Ended December 31,
	2012							2013							2014
	Amount				Percent			Amount				Percent			Amount				Percent
Federal statutory rate	$	5,818			34.0		%	$	8,284			34.0		%	$	7,719			34.0		%
Effect of state income taxes, net of federal benefit	616				3.6			1,462				6.0			831				3.7
Effect of non-deductible expenses and other, net	1,266				7.4			(633		)		(2.6	)		583				2.6
Change in valuation allowance	(906		)		(5.3	)		132				0.5			(138		)		(0.6	)
Reduction for tax year 2011 federal audit	—				—			—				—			(1,740		)		(7.7	)
Total	$	6,794			39.7		%	$	9,245			37.9		%	$	7,255			32.0		%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences from total operations that give rise to significant deferred tax assets and liabilities at December 31, 2013 and 2014 were as follows (in thousands):

	Year Ended December 31,
	2013				2014
Deferred income tax assets:
Net operating loss carryforwards	$	6,404			$	2,735
Tax credit carryforwards	788				127
State bonus depreciation	1,254				1,513
Accrued liabilities and other	6,892				9,115
Amortization of non-compete agreements	674				815
Preneed liabilities, net	11,654				9,935
Total deferred income tax assets	27,666				24,240
Less valuation allowance	(468		)		(330		)
Total deferred income tax assets	$	27,198			$	23,910
Deferred income tax liabilities:
Amortization and depreciation	$	(34,887	)		$	(43,441	)
Convertible subordinated notes due 2021	—				(11,685		)
Prepaids and other	(1,447		)		(1,448		)
Total deferred income tax liabilities	(36,334		)		(56,574		)
Total net deferred tax liabilities	$	(9,136	)		$	(32,664	)
Current deferred tax asset	$	2,779			$	3,750
Non-current deferred tax liabilities	(11,915		)		(36,414		)
Total net deferred tax liabilities	$	(9,136	)		$	(32,664	)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

	Year Ended December 31,
	2012				2013				2014
Unrecognized tax benefit at beginning of year	$	7,617			$	7,747			$	7,832
Reductions based on tax positions related to the prior year	(259		)		(93		)		—
Reductions for tax year 2011 federal audit	—				—				(7,310		)
Additions based on tax positions related to the current year	389				209				—
Reductions as a result of a lapse of the applicable statute of limitations	—				(31		)		(7		)
Unrecognized tax benefit at end of year	$	7,747			$	7,832			$	515

X

- 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

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 55

-Paragraph 217

-URI http://asc.fasb.org/extlink&oid=32707879&loc=d3e36027-109320



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15A

-URI http://asc.fasb.org/extlink&oid=6907707&loc=SL6600010-109319

+ Details

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