Note 8 - Income Taxes

Current and Deferred Income Tax Assets at September 30, 2013 and December 31, 2012 were:



(Dollars in Millions)	Sep 30, 2013		Dec 31, 2012
Current Income Tax Assets	$	2.0	$	5.4
Deferred Income Tax Assets	59.6		6.6
Valuation Allowance for State Income Taxes	—		(6.6		)
Current and Deferred Income Tax Assets	$	61.6	$	5.4

In 2013, the Company wrote off $6.6 million of deferred state income tax assets that had been previously reserved for in the Valuation Allowance for State Income Taxes at December 31, 2012.

The components of Liabilities for Income Taxes at September 30, 2013 and December 31, 2012 were:



(Dollars in Millions)	Sep 30, 2013		Dec 31, 2012
Deferred Income Tax Liabilities	$	—	$	15.1
Unrecognized Tax Benefits	6.6		6.4
Liabilities for Income Taxes	$	6.6	$	21.5

Income taxes paid were $39.6 million and $29.4 million for the nine months ended September 30, 2013 and 2012, respectively.

During the second quarter of 2013, the Company extended the federal statute of limitations related to its 2007 through 2010 tax years to December 31, 2014. The extension was requested by the Internal Revenue Service (“IRS”) to provide additional time for the IRS to finish processing its audit of the Company’s 2009 and 2010 federal income tax returns and related refund claims and for the IRS to prepare the necessary documentation for the Joint Committee of Taxation’s review required by statute. The Company does not anticipate a material modification to the filed returns or the related refunds that have been received.