12.	INCOME TAXES

Components of the provision for income taxes from continuing operations were as follows:

	Year Ended December 31,
	2012			2011			2010
Current:
Federal	$	4,499		$	8,570		$	34,392
State		1,494			2,960			8,016
Total		5,993			11,530			42,408

Deferred:
Federal		(11,394	)		3,312			2,742
State		(2,834	)		(112	)		(311	)
Total		(14,228	)		3,200			2,431

Total (benefit) provision	$	(8,235	)	$	14,730		$	44,839

The components of the deferred tax assets are as follows:

	At December 31,
	2012			2011
Deferred tax assets
Current:
Accrued vacation	$	60		$	63
Net operating loss carryforwards		586			586
Allowance for bad debts		7,083			8,076
Total current deferred tax assets		7,729			8,725

Deferred tax assets
Noncurrent:
Allowance for bad debts		430			665
Accrued rent		3,785			3,645
Stock-based compensation		2,095			1,855
Depreciation		5,953			-
Other intangibles		547			511
Pension plan liabilities		2,754			2,637
Net operating loss carryforwards		1,553			2,139
Sale leaseback-deferred gain		2,482			2,438
Other		77			120
Total noncurrent deferred tax assets		19,676			14,010

Deferred tax liabilities
Noncurrent:
Depreciation		-			(1,995	)
Goodwill		(2,611	)		(10,138	)
Total deferred tax liabilities		(2,611	)		(12,133	)
Total net noncurrent deferred tax assets		17,065			1,877
Total net deferred tax assets	$	24,794		$	10,602

The difference between the actual tax provision and the tax provision that would result from the use of the Federal statutory rate is as follows:

	Year Ended December 31,
	2012					2011				2010
(Loss) income from continuing operations before taxes	$	(32,116	)			$	35,845			$	110,526

Expected tax (benefit) expense	$	(11,240	)	35.0	%	$	12,546	35.0	%	$	38,684		35.0	%
State tax (benefit) expense (net of federal)		(871	)	2.7			1,851	5.2			5,008		4.6
Permanent impairment		3,588		(11.2	)		109	0.3			1,698		1.5
Other		288		(0.9	)		224	0.6			(551	)	(0.5	)
Total	$	(8,235	)	25.6	%	$	14,730	41.1	%	$	44,839		40.6	%

The Company believes that it is more likely than not that it will realize its net deferred tax assets. The Company has net operating loss ("NOL") carryforwards at December 31, 2012 of approximately $6.1 million for federal income tax purposes, which begin expiring in 2025. These NOLs are limited in the amount that can be utilized in a given year due to a Section 382 limitation. The Company has determined based upon its history of profits and its forecasted financial information that it will be able to fully utilize these NOLs prior to their expiration. As such, a valuation allowance is not required.

The following table summarizes the activity related to the Company's uncertain tax positions:

	Year Ended December 31,
	2012			2011		2010
Balance at January 1,	$	100		$	100	$	200
Decrease for tax positions of prior years		(100	)				(100	)
Increase for tax positions of current year		135			-		-
Balance at December 31,	$	135		$	100	$	100

Included in the balance of unrecognized tax benefits at December 31, 2012 and 2011 are unrecognized tax benefits of $0.1 million, respectively, of which $0.1 million would be reflected as an adjustment to income tax expense if recognized. It is expected that the amount of unrecognized tax benefits will change in the next 12 months; however, the Company does not expect the change to have a significant impact on its results of operations or financial position.

The Company recognizes accrued interest and penalties related to uncertain tax positions in income tax expense. During the years ended December 31, 2012 and 2011, the interest and penalties expense associated with uncertain tax positions are not significant to its results of operations or financial position.

The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction, and various states. The Company is no longer subject to U.S. federal income tax examinations for years before 2008 and generally, is no longer subject to state and local income tax examinations by tax authorities for years before 2007.