Income Taxes

The components of the Company’s provision for income taxes were as follows (in thousands):



	Year Ended December 31,
	2014		2013		2012
Current:
Federal	$	19,389	$	17,479	$	11,238
Foreign, state and local	3,448		2,725		2,007
Deferred:
Federal	7,068		7,495		9,491
Foreign, state and local	444		785		654
Provision for income taxes	$	30,349	$	28,484	$	23,390

The Company’s income tax provision varied from the amounts calculated by applying the U.S. statutory income tax rate to the pretax income as shown in the following reconciliations (in thousands):



	Year Ended December 31,
	2014			2013			2012
Statutory federal rate	$	28,814		$	27,118		$	21,322
Meals and entertainment	247			227			195
State income taxes — net of federal benefit	2,254			2,067			1,794
Earn out adjustments	(1,381		)	(1,675		)	—
Other	415			747			79
Total	$	30,349		$	28,484		$	23,390

The Company recorded assets for refundable current federal and state income taxes of $7.5 million and $6.6 million at December 31, 2014 and 2013, respectively. These are classified in the consolidated balance sheets as a component of prepaid expenses and other current assets.

The tax rate effects of temporary differences that give rise to significant elements of deferred tax assets and deferred tax liabilities as of December 31 were as follows (in thousands):



	2014			2013
Current deferred income tax assets:
Accounts receivable	4,253			1,407
Accounts payable and accrued expenses	4,354			440
Total	$	8,607		$	1,847
Noncurrent deferred income tax assets (liabilities):
Net operating losses	$	758		$	557
Goodwill and intangible assets	(62,693		)	(39,588		)
Property and equipment	(32,996		)	(20,411		)
Deferred compensation	593			1,018
Total	$	(94,338	)	$	(58,424	)

The Company had $11.0 million and $6.6 million of current deferred tax assets and $2.4 million and $4.8 million of current deferred tax liabilities as of December 31, 2014 and 2013, respectively. The net current deferred income tax assets of $8.6 million as of December 31, 2014 and $1.8 million as of December 31, 2013 is classified as deferred income taxes in the consolidated balance sheet. The Company had $103.1 million and $68.7 million of noncurrent deferred tax assets and $197.4 million and $127.2 million of noncurrent deferred tax liabilities as of December 31, 2014 and 2013, respectively. The net noncurrent deferred income tax liability of $94.3 million as of December 31, 2014 and $58.4 million as of December 31, 2013 is classified in the consolidated balance sheets as a component of other long-term liabilities.

There were no unrecognized tax benefits recorded as of December 31, 2014 and 2013. It is the Company’s policy to recognize interest and penalties related to unrecognized tax benefits within the income tax expense line in the accompanying consolidated statements of operations. Income tax related interest and penalties were immaterial as of December 31, 2014 and 2013. The Company is subject to federal and state tax examinations for all tax years subsequent to December 31, 2012. Although the pre-2012 years are no longer subject to examinations by the Internal Revenue Service ("IRS") and various state taxing authorities, net operating loss carryforwards generated in those years were used by the Company during 2013 and 2014 and may still be adjusted upon examination by the IRS or state taxing authorities if they were used after 2012 or will be used in a future period.