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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Provisions (Benefit) for Income Taxes

Provisions (benefit) for income taxes are as follows:

		2015				2014				2013
		(In Thousands)
Current:
Federal		$	(4,655	)		$	(1,831	)		$	(871	)
State			(429	)			706				756
Total Current		$	(5,084	)		$	(1,125	)		$	(115	)
Deferred:
Federal		$	(25,958	)		$	5,159			$	21,975
State			(1,478	)			217				2,095
Total Deferred		$	(27,436	)		$	5,376			$	24,070
Provisions (benefit) for income taxes		$	(32,520	)		$	4,251			$	23,955

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities include temporary differences and carryforwards as follows:

		December 31,
		2015				2014
		(In Thousands)
Deferred tax assets
Allowance for doubtful accounts		$	722			$	823
Asset impairment			—				226
Inventory			2,331				2,447
Deferred compensation			4,525				3,914
Other accrued liabilities			8,084				7,195
Hedging			54				1,218
Net operating loss and tax credit carryforwards			19,769				13,874
Other			6,429				3,700
Total deferred tax assets			41,914				33,397
Less valuation allowance on deferred tax assets			(1,242	)			(292	)
Net deferred tax assets		$	40,672			$	33,105
Deferred tax liabilities
Property, plant and equipment		$	82,760			$	92,962
Prepaid and other insurance reserves			4,904				5,452
Investment in unconsolidated affiliate			—				64
Other			413				551
Total deferred tax liabilities		$	88,077			$	99,029
Net deferred tax liabilities		$	(47,405	)		$	(65,924	)
Consolidated balance sheet classification:
Net current deferred tax assets		$	4,774			$	17,204
Net noncurrent deferred tax liabilities			(52,179	)			(83,128	)
Net deferred tax liabilities		$	(47,405	)		$	(65,924	)
Net deferred tax liabilities by tax jurisdiction:
Federal		$	(43,055	)		$	(60,696	)
State			(4,350	)			(5,228	)
Net deferred tax liabilities		$	(47,405	)		$	(65,924	)

Income from Continuing Operations Before Provision (Benefit) for Income Taxes

All of our income (loss) before taxes relates to domestic operations.  Detailed below are the differences between the amount of the provision (benefit) for income taxes and the amount which would result from the application of the federal statutory rate to “Income (loss) from continuing operations before provisions (benefit) for income taxes”.

		2015				2014				2013
		(In Thousands)
Provisions (benefit) for income taxes at federal statutory rate		$	(27,512	)		$	3,383			$	20,843
State current and deferred income taxes			(2,184	)			639				2,462
Energy credit			(2,846	)			—				—
Valuation allowance			918				—				—
Other			(896	)			229				650
Provisions (benefit) for income taxes		$	(32,520	)		$	4,251			$	23,955

Reconciliation of Beginning and Ending Amount of Uncertain Tax Positions

A reconciliation of the beginning and ending amount of uncertain tax positions is as follows:

		2015				2014				2013
		(In Thousands)
Balance at beginning of year		$	657			$	2,409			$	2,292
Additions based on tax positions related to the current year			70				45				97
Additions based on tax positions of prior years			13				367				255
Reductions for tax positions of prior years			(443	)			(1,411	)			(123	)
Settlements			(38	)			(753	)			(112	)
Balance at end of year		$	259			$	657			$	2,409

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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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
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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

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
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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
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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
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