Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Income Tax Expense (Benefit), Continuing Operations

The provision for income taxes from continuing operations consists of the following (in thousands):

	YEARS ENDED DECEMBER 31,
	2014		2013		2012
Current:
Federal	$	15,782	$	4,140	$	(4,371	)
State	2,527		449		(1,716		)
Deferred	250		1,046		(18,140		)
	$	18,559	$	5,635	$	(24,227	)

Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation

The provision for income taxes from continuing operations shown above varied from the statutory federal income tax rate for those periods as follows:

	YEARS ENDED DECEMBER 31,
	2014		2013		2012
Federal income tax rate	35.0	%	35.0	%	35.0	%
State income taxes, net of Federal tax effect	3.2		4.1		5.2
Non-deductible goodwill impairment	—		4.3		(3.4	)
Non-deductible compensation	1.1		—		—
Non-deductible meals and entertainment	1.1		5.2		—
Other	(1.7	)	3.0		(0.3	)
Effective tax rate	38.7	%	51.6	%	36.5	%

Components of Deferred Tax Assets and Liabilities

Deferred income tax assets and liabilities are composed of the following (in thousands):

	DECEMBER 31,
	2014			2013
Deferred taxes, current:
Assets:
Accounts receivable reserves	$	804		$	779
Accrued liabilities	3,123			2,902
Deferred compensation obligation	1,426			1,111
Pension and post-retirement benefit plans	—			19
Other	75			75
Deferred tax assets, current	5,428			4,886
Liabilities:
Prepaid expenses	(448		)	(224		)
Deferred tax asset, net – current	4,980			4,662
Deferred taxes, non-current:
Assets:
Accrued liabilities	649			579
Deferred compensation obligation	6,324			6,896
Stock-based compensation	1,185			773
Pension and post-retirement benefit plans	5,125			4,916
Goodwill and intangible assets	10,407			11,750
Deferred revenue	28			106
Other	995			1,531
Deferred tax assets, non-current	24,713			26,551
Liabilities:
Fixed assets	(1,651		)	(2,693		)
Other	(122		)	(503		)
Deferred tax liabilities, non-current	(1,773		)	(3,196		)
Valuation allowance	(85		)	(85		)
Deferred tax asset, net – non-current	22,855			23,270
Net deferred tax asset	$	27,835		$	27,932

Income Tax Uncertainties

A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended December 31, 2014, 2013 and 2012 is as follows (in thousands):

	DECEMBER 31,
	2014			2013			2012
Beginning balance	$	403		$	133		$	72
Additions for tax positions of prior years	90			269			36
Additions for tax positions of current year	—			25			25
Reductions for tax positions of prior years – lapse of applicable statutes	(35		)	(24		)	—
Settlements	(180		)	—			—
Ending balance	$	278		$	403		$	133