Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of components of income tax expense (benefit)

The components of income tax expense (benefit) are as follows:



	Year Ended December 31,
In thousands	2015			2014		2013
Current
Federal	$	6,998		$	5,836	$	8,689
State and Local	1,177			619		3,554
Foreign	1,146			1,062		1,189
Total Current	$	9,321		$	7,517	$	13,432

Deferred
Federal	$	(38,278	)	$	2,862	$	3,532
State and local	(2,912		)	2,177		(2,142		)
Foreign	(45		)	759		354
Total Deferred	$	(41,235	)	$	5,798	$	1,744

Total income tax expense	$	(31,914	)	$	13,315	$	15,176

Schedule of components of income from continuing operations before income taxes

The U.S. and foreign components of income from continuing operations before income taxes were as follows:



	Year Ended December 31,
In thousands	2015			2014		2013
United States	$	(205,435	)	$	29,962	$	33,143
Foreign	2,593			7,344		6,474
Total income (loss) from continuing operations before income taxes	$	(202,842	)	$	37,306	$	39,617

Schedule of difference between total income tax expense (benefit) and the amount computed by applying the statutory federal income tax rate

The differences between total income tax expense (benefit) and the amount computed by applying the statutory federal income tax rate to income before income taxes were as follows:



	Year Ended December 31,
In thousands	2015			Rate		2014			Rate		2013			Rate
Computed expected income tax expense (benefit)	$	(70,995	)	35.0	%	$	13,057		35.0	%	$	13,866		35.0	%
Goodwill impairment basis difference	36,664			-18.1	%	—			—	%	—			—	%
Sold operations basis difference	686			-0.3	%	—			—	%	—			—	%
Net effect of state income taxes	857			-0.4	%	1,817			4.9	%	918			2.3	%
Foreign subsidiary dividend inclusions	557			-0.3	%	135			0.4	%	1,125			2.8	%
Foreign tax rate benefit	(90		)	—	%	(749		)	-2.0	%	(570		)	-1.4	%
Change in beginning of year valuation allowance	(153		)	0.1	%	(537		)	-1.4	%	(87		)	-0.2	%
Non deductible interest	715			-0.4	%	—			—	%	—			—	%
Other, net	(155		)	0.1	%	(408		)	-1.2	%	(76		)	-0.2	%
Income tax expense (benefit) for the period	$	(31,914	)	15.7	%	$	13,315		35.7	%	$	15,176		38.3	%

Schedule of allocation of income tax expense (benefit)

Total income tax expense (benefit) was allocated as follows:



	Year Ended December 31,
In thousands	2015			2014			2013
Continuing operations	$	(31,914	)	$	13,315		$	15,176
Discontinued operations	—			—			(7,822		)
Stockholders’ equity	2,021			(9,527		)	17,373
Total	$	(29,893	)	$	3,788		$	24,727

Schedule of tax effects of temporary differences

The tax effects of temporary differences that gave rise to significant portions of the deferred tax assets and deferred tax liabilities were as follows:



	Year Ended December 31,
In thousands	2015			2014
Deferred tax assets
Deferred compensation and retirement plan	$	22,884		$	25,432
Accrued expenses not deductible until paid	3,612			3,925
Employee stock-based compensation	3,709			1,182
Accrued payroll not deductible until paid	707			948
Accounts receivable, net	1,208			1,175
Other, net	417			280
Federal net operating loss carryforwards	—			130
Foreign net operating loss carryforwards	2,657			2,805
State net operating loss carryforwards	1,956			2,010
Foreign tax credit carryforwards	785			739
Capital loss carryforwards	6,278			7,182
Total gross deferred tax assets	44,213			45,808
Less valuation allowances	(9,958		)	(10,933		)
Net deferred tax assets	$	34,255		$	34,875

Deferred tax liabilities
Property, plant and equipment	$	(6,154	)	$	(6,484	)
Goodwill and other intangibles	(45,212		)	(82,702		)
Other, net	(561		)	(144		)
Total gross deferred tax liabilities	(51,927		)	(89,330		)
Net deferred tax liabilities	$	(17,672	)	$	(54,455	)

Schedule of reconciliation of the beginning and ending amount of unrecognized tax benefit

A reconciliation of the beginning and ending amount of unrecognized tax benefit is as follows:



In thousands
Balance at January 1, 2014	$	27
Additions for current year tax positions	—
Additions for prior year tax positions	—
Reductions for prior year tax positions	—
Lapse of statute	(27		)
Settlements	—
Balance at December 31, 2014	$	—

Additions for current year tax positions	$	—
Additions for prior year tax positions	761
Reductions for prior year tax positions	—
Lapse of statute	—
Settlements	—
Balance at December 31, 2015	$	761