12.	INCOME TAXES

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

	Year Ended December 31,
	2013			2012			2011
Current:
Federal	$	(7,369	)	$	9,273		$	7,099
State		709			2,164			2,754
Total		(6,660	)		11,437			9,853

Deferred:
Federal		21,103			(11,394	)		3,312
State		5,148			(2,834	)		(112	)
Total		26,251			(14,228	)		3,200

Total provision (benefit)	$	19,591		$	(2,791	)	$	13,053

The components of the deferred tax assets are as follows:

	At December 31,
	2013			2012
Deferred tax assets
Current:
Accrued vacation	$	79		$	60
Net operating loss carryforwards		-			586
Allowance for bad debts		5,502			7,083
Total current deferred tax assets		5,581			7,729

Deferred tax assets
Noncurrent:
Allowance for bad debts		392			430
Accrued rent		3,669			3,785
Stock-based compensation		1,509			2,095
Depreciation		10,670			5,953
Other intangibles		434			547
Pension plan liabilities		608			2,754
Net operating loss carryforwards		6,285			1,553
Sale leaseback-deferred gain		2,531			2,482
AMT credit		424			-
Other		-			77
Total noncurrent deferred tax assets		26,522			19,676
Total deferred tax assets		32,103			27,405
Less valuation allowance		(31,679	)		-
Deferred tax assets, net of valuation allowance		424			27,405

Deferred tax liabilities
Noncurrent:
Goodwill		(4,952	)		(2,611	)
Total deferred tax liabilities		(4,952	)		(2,611	)
Total net noncurrent deferred tax (liabilities) assets		(4,528	)		17,065
Total net deferred tax (liabilities) assets	$	(4,528	)	$	24,794

Management assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use the existing deferred tax assets. A significant piece of objective negative evidence was the cumulative losses incurred by the Company in recent years.

On the basis of this evaluation the Company believes it is not more likely than not that it will realize its net deferred tax assets. As a result, as of December 31, 2013, the Company has recorded a valuation allowance of $31.7 million ($7.1 million from discontinued operations) against its net deferred tax assets, excluding the indefinite life assets which generated a deferred tax liability.

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,
	2013					2012					2011
(Loss) income from continuing operations before taxes	$	(14,169	)			$	(18,475	)			$	30,609

Expected tax (benefit) expense	$	(4,959	)	35.0	%	$	(6,466	)	35.0	%	$	10,713	35.0	%
State tax expense (benefit) (net of federal)		(221	)	1.6			(436	)	2.4			1,717	5.6
Permanent impairment		-		-			3,588		(19.4	)		109	0.4
Valuation allowance		24,541		(173.2	)		-		-			-	-
Other		230		(1.7	)		523		(2.9	)		514	1.6
Total	$	19,591		-138.3	%	$	(2,791	)	15.1	%	$	13,053	42.6	%

As of December 31, 2013, 2012, the Company has NOL carryforwards of $12.3 million and $6.1 million, respectively, which, if unused, will expire in years 2027. Of these NOLs, $7.8 million and $6.1 million are limited in the amount that can be utilized in a given year due to a Section 382 limitation for December 31, 2013 and 2012, respectively.

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

	Year Ended December 31,
	2013			2012			2011
Balance at January 1,	$	135		$	100		$	100
Decrease for tax positions of prior years		(135	)		(100	)
Increase for tax positions of current year		-			135			-
Balance at December 31,	$	-		$	135		$	100

As of December 31, 2013, the Company no longer has any liability for uncertain tax positions. 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.

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 2009 and generally, is no longer subject to state and local income tax examinations by tax authorities for years before 2008.