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11. Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2013
Income Tax Disclosure [Abstract] |
Income taxes |
|  | Year Ended December 31, |
|  | 2013 |  |  | 2012 |
|  | (In thousands) |
Current federal tax expense |  | $ | 977 |  |  | $ | 369 |
Current state tax expense |  |  | 365 |  |  |  | 49 |
Deferred federal tax expense |  |  | 13,306 |  |  |  | 2,826 |
Deferred state tax expense (benefit) |  |  | 1,520 |  |  |  | (654 | )
Change in valuation allowance |  |  | – |  |  |  | (62,811 | )
Income tax expense (benefit) |  | $ | 16,168 |  |  | $ | (60,221 | )
Income tax expense/(benefit) |
|  | Year Ended December 31, |
|  | 2013 |  |  | 2012 |
|  | (In thousands) |
Expense at federal tax rate |  | $ | 13,011 |  |  | $ | 3,215 |
State taxes, net of federal income tax effect |  |  | 2,079 |  |  |  | 1,190 |
Other adjustments to tax reserve |  |  | (419 | ) |  |  | (1,153 | )
Effect of change in state tax rate |  |  | (239 | ) |  |  | (1,105 | )
Change in valuation allowance |  |  | – |  |  |  | (62,811 | )
Stock-based compensation |  |  | 911 |  |  |  | 321 |
Non-deductible expenses |  |  | 619 |  |  |  | 63 |
Other |  |  | 206 |  |  |  | 59 |
|  | $ | 16,168 |  |  | $ | (60,221 | )
Deferred tax assets and liabilities |
|  | December 31, |
|  | 2013 |  |  | 2012 |
|  | (In thousands) |
Deferred Tax Assets: |  |  |  |  |  |  |  |
Finance receivables |  | $ | 17,258 |  |  | $ | 10,840 |
Accrued liabilities |  |  | 5,079 |  |  |  | 1,605 |
Furniture and equipment |  |  | 196 |  |  |  | 213 |
NOL carryforwards |  |  | 23,811 |  |  |  | 48,140 |
Built in losses |  |  | 13,074 |  |  |  | 14,406 |
Pension accrual |  |  | – |  |  |  | 2,080 |
AMT credit carryforward |  |  | 1,993 |  |  |  | 695 |
Other |  |  | 839 |  |  |  | 712 |
Total deferred tax assets |  |  | 62,250 |  |  |  | 78,691 |
Deferred Tax Liabilities: |  |  |  |  |  |  |  |
FAS 91 deferred costs |  |  | (1,555 | ) |  |  | (1,114 | )
Pension accrual |  |  | (1,136 | ) |  |  | – |
Investment residual |  |  | (344 | ) |  |  | (1,937 | )
Total deferred tax liabilities |  |  | (3,035 | ) |  |  | (3,051 | )
Net deferred tax asset |  | $ | 59,215 |  |  | $ | 75,640 |
Unrecognized tax benefits including interest and penalties |
|  | 2013 |  |  | 2012 |
|  | (In thousands) |
Unrecognized tax benefit - opening balance |  | $ | 1,331 |  |  | $ | 2,405 |
Gross increases - tax positions in prior period |  |  | – |  |  |  | – |
Gross decreases - tax positions in current period |  |  | – |  |  |  | – |
Gross increases - tax positions in current period |  |  | – |  |  |  | 250 |
Settlements |  |  | (686 | ) |  |  | (153 | )
Lapse of statute of limitations |  |  | (645 | ) |  |  | (1,171 | )
Unrecognized tax benefit - ending balance |  | $ | – |  |  | $ | 1,331 |

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- 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
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- 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
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- 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
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