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(9) Income Taxes
3 Months Ended
Mar. 31, 2018
Income Tax Disclosure [Abstract]  
(9) Income Taxes

(9)       Income Taxes

A valuation allowance against deferred tax assets is required to be established or maintained when it is "more likely than not" that all or a portion of deferred tax assets will not be realized. The Company believes that it will generate sufficient future taxable income to realize the tax benefits related to the remaining deferred tax assets and as such no valuation allowance has been provided against the deferred tax asset.

 

The Company recorded a tax benefit of $160 thousand for federal income taxes and a tax benefit of $30 thousand for state income taxes during the quarter ended March 31, 2018. The Company recorded a tax benefit of $348 thousand for federal taxes and a tax benefit of $99 thousand for state income taxes during the quarter ended April 1, 2017.