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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2012
Income Taxes [Abstract]  
Provision for income taxes
                         
(in thousands)   Year Ended December 31,  
    2012     2011     2010  

Current

  $ 4,886     $ 5,741     $ 8,754  

Deferred

    23,204       25,715       13,817  
   

 

 

   

 

 

   

 

 

 
    $ 28,090     $ 31,456     $ 22,571  
Reconciliation of federal statutory tax rate to the Company's effective tax rate
                         
     Year Ended December 31,  
    2012     2011     2010  

Federal statutory rate

    35.0     35.0     35.0

State taxes, net of federal benefit

    4.2       4.1       4.2  

Other

    (0.6     (0.3     (1.0
   

 

 

   

 

 

   

 

 

 
      38.6     38.8     38.2
Deferred income taxes related to the temporary differences between the tax bases of assets and liabilities
                 
(in thousands)   December 31,  
    2012     2011  

Deferred Tax Liabilities:

               

Accelerated Depreciation

  $ 248,515     $ 238,912  

Prepaid Costs Currently Deductible

    4,597       4,178  

Other

    2,451       2,414  
   

 

 

   

 

 

 

Total Deferred Tax Liabilities

    255,563       245,504  
   

 

 

   

 

 

 

Deferred Tax Assets:

               

Accrued Costs Not Yet Deductible

    6,138       6,017  

Allowance for Doubtful Accounts

    1,163       582  

Net Operating Loss Carry Forwards and Credits

    12,103       25,495  

Deferred Revenues

    1,300       243  

Stock Based Compensation

    8,295       7,801  
   

 

 

   

 

 

 

Total Deferred Tax Assets

    28,999       40,138  
   

 

 

   

 

 

 

Deferred Income Taxes, net

  $ 226,564     $ 205,366