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INCOME TAXES
6 Months Ended
Jun. 30, 2014
INCOME TAXES [Abstract]  
INCOME TAXES
7.             INCOME TAXES
 
The provision for income taxes for the three months ended June 30, 2014 was $0.4 million, or (3.9%) of pretax loss, compared to a benefit for income taxes of $4.4 million, or 39.6%, of pretax loss for the quarter ended June 30, 2013.  The provision for income taxes for the six months ended June 30, 2014 was $0.9 million, or (3.9%) of pretax loss, compared to a benefit for income taxes of $7.6 million, or 38.8%, of pretax loss for the six months ended June 30, 2013.  No federal or state income tax benefit was recognized for the current period loss due to the recognition of a full valuation allowance. Income tax expense for the three and six months ended June 30, 2014 resulted from an increase in deferred tax liabilities associated with indefinite-lived intangible assets and various state tax expenses.

The Company 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 realization of the Company’s deferred tax assets was not deemed to be more likely than not and thus the Company maintained a valuation allowance on its net deferred tax assets as of June 30, 2014.