Note 12 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	As of December 31,
(in thousands)	2015			2014			2013
Current:
Federal	$	(149	)	$	4,859		$	6,207
State and local		(752	)		657			1,265
		(901	)		5,516			7,472
Deferred		(5,916	)		(2,566	)		(2,195	)
Income tax provision	$	(6,817	)	$	2,950		$	5,277

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(in thousands)	2015			2014
Deferred tax assets:
Inventory (excluding LIFO reserve)	$	2,986		$	2,881
Net operating loss and tax credit carryforwards		2,926			2,971
Allowance for doubtful accounts		500			519
Accrued expenses		7,311			7,642
Other		143			83
		13,866			14,096
Valuation reserve		(1,030	)		(1,381	)
Total deferred tax assets		12,836			12,715
Deferred tax liabilities:
LIFO reserve		(6,018	)		(6,049	)
Property and equipment		(20,601	)		(22,684	)
Intangibles		(11,329	)		(14,930	)
Other		(1	)		24
Total deferred tax liabilities		(37,949	)		(43,639	)
Deferred tax liabilities, net	$	(25,113	)	$	(30,924	)

Schedule of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns Roll Forward [Table Text Block]

(in thousands)	2015			2014			2013
Balance as of January 1	$	58		$	75		$	112
Decreases related to prior year tax positions		(20	)		(17	)		(37	)
Increases related to current year tax positions		13			13			23
Decreases related to lapsing of statute of limitations		(13	)		(13	)		(23	)
Balance as of December 31	$	38		$	58		$	75

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2015			2014			2013
U.S. federal statutory rate		35.0	%		35.0	%		35.0	%
State and local taxes, net of federal benefit		1.4	%		(1.6	%)		3.0	%
Goodwill impairment		(17.1	%)		(52.0	%)		-
Change in unrecognized tax benefits		0.1	%		(0.1	%)		(0.2	%)
All other, net		0.9	%		0.4	%		3.0	%
Effective income tax rate		20.3	%		(18.3	%)		40.8	%