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INCOME TAXES (Tables)
9 Months Ended
Sep. 30, 2013
INCOME TAXES  
Schedule of pre-tax earnings

 

 
  Nine Months Ended  
(In thousands)
  Nine Months
Ended
September 30, 2013
  From Inception
August 31, 2012
through
September 27, 2012
   
  December 30, 2011
through
August 30, 2012
 
 
  (Successor)
  (Successor)
   
  (Predecessor)
 

Income tax expense at the federal statutory rate

  $ 31,975   $ (15,050 )     $ 22,260  

Effect of:

                       

State income taxes

    (3,610 )   100         3,005  

Permanent items

    120             1,000  

Change in FIN 48 Reserve

    3,535              

Change in net operating loss carryforward for excess tax deductions

    (28,420 )            

Valuation allowance

    7,260     15,050         (23,260 )
                   

Income tax expense

  $ 10,860   $ 100       $ 3,005  
                   

Effective income tax rate

    11.9 %   (0.2 )%       4.7 %