11.	INCOME TAXES

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

	Year Ended December 31,
	2014			2013			2012
Current:
Federal	$	-		$	(7,369	)	$	9,720
State		200			709			2,226
Total		200			(6,660	)		11,946

Deferred:
Federal		(3,828	)		21,103			(11,394	)
State		(597	)		5,148			(2,834	)
Total		(4,425	)		26,251			(14,228	)

Total provision (benefit)	$	(4,225	)	$	19,591		$	(2,282	)

The components of the deferred tax assets are as follows:

	At December 31,
	2014			2013
Deferred tax assets
Current:
Accrued vacation	$	-		$	79
Allowance for bad debts		5,527			5,502
Total current deferred tax assets		5,527			5,581

Deferred tax assets
Noncurrent:
Allowance for bad debts		399			392
Accrued rent		3,255			3,669
Stock-based compensation		907			1,509
Depreciation		15,754			10,670
Goodwill		1,002			-
Other intangibles		452			434
Pension plan liabilities		2,115			608
Net operating loss carryforwards		14,332			6,285
Sale leaseback-deferred gain		2,580			2,531
AMT credit		424			424
Total noncurrent deferred tax assets		41,220			26,522
Total deferred tax assets		46,747			32,103
Less valuation allowance		(46,747	)		(31,679	)
Deferred tax assets, net of valuation allowance		-			424

Deferred tax liabilities
Noncurrent:
Goodwill		-			(4,952	)
Total deferred tax liabilities		-			(4,952	)
Total net noncurrent deferred tax (liabilities) assets		-			(4,528	)
Total net deferred tax (liabilities) assets	$	-		$	(4,528	)

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, 2014 and 2013, the Company has recorded a valuation allowance of $46.7 million and $31.7 million, respectively, 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,
	2014					2013					2012
Loss from continuing operations before taxes	$	(53,712	)			$	(11,534	)			$	(17,201	)

Expected tax benefit	$	(18,799	)	35.0	%	$	(4,037	)	35.0	%	$	(6,020	)	35.0	%
State tax benefit (net of federal)		(1,494	)	2.8			(92	)	0.8			(395	)	2.3
Permanent impairment		6,539		(12.2	)		-		-			3,588		(20.9	)
Valuation allowance		9,344		(17.4	)		23,490		(203.7	)		-		-
Other		185		(0.3	)		230		(2.0	)		545		(3.2	)
Total	$	(4,225	)	7.9	%	$	19,591		-169.9	%	$	(2,282	)	13.2	%

As of December 31, 2014 and 2013, the Company has NOL carryforwards of $32.3 million and $12.3 million, respectively, which, if unused, will expire beginning in 2027 and ending in 2034. Of these NOLs, $7.8 million and $7.8 million are limited in the amount that can be utilized in a given year due to a Section 382 limitation for December 31, 2014 and 2013, respectively.

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

	Year Ended December 31,
	2014		2013			2012
Balance at January 1,	$	-	$	135		$	100
Decrease for tax positions of prior years		-		(135	)		(100	)
Increase for tax positions of current year		-		-			135
Balance at December 31,	$	-	$	-		$	135

As of December 31, 2014 and 2013, the Company no longer has any liability for uncertain tax positions. Included in the balance of unrecognized tax benefits at December 31, 2012 is an unrecognized tax benefits of $0.1 million.

The Company recognizes accrued interest and penalties related to uncertain tax positions in income tax expense. During the years ended December 31, 2012, 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 2010 and generally, is no longer subject to state and local income tax examinations by tax authorities for years before 2009.