XML 61 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income taxes
9 Months Ended
Sep. 30, 2013
Income Tax Disclosure [Abstract]  
Income taxes
Income taxes
In connection with the income tax examination for the 2007 through 2009 tax years, the Company recorded income tax expense of $2.2 million for unrecognized tax positions in the first quarter of 2012.
In addition, the Company had a reduction of deferred income tax expense of $2.5 million in the first quarter of 2012, due to a deferred income tax rate reduction related to state income tax apportionment.
It is likely that substantially all of the unrecognized tax benefits of $14.9 million, as well as interest, at September 30, 2013, will be settled in the next 12 months due to the anticipated settlement of federal and state audits.

In September 2013, the Internal Revenue Service released final regulations relating to the capitalization of tangible personal property which are effective for tax years beginning on or after January 1, 2014. The Company does not expect these new regulations to have a material effect on its results of operations, financial position or cash flows.