Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

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,
	2016		2015		2014
Current:
Federal	$	16,677	$	22,265	$	15,782
State	3,829		4,632		2,527
Deferred	2,676		1,951		250
	$	23,182	$	28,848	$	18,559

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,
	2016		2015		2014
Federal income tax rate	35.0	%	35.0	%	35.0	%
State income taxes, net of Federal tax effect	6.8		6.1		3.2
Non-deductible compensation	0.2		—		1.1
Non-deductible meals and entertainment	1.0		0.7		1.1
Other	(1.6	)	(1.5	)	(1.7	)
Effective tax rate	41.4	%	40.3	%	38.7	%

Components of Deferred Tax Assets and Liabilities

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

	DECEMBER 31,
	2016			2015
Deferred taxes, current:
Assets:
Accounts receivable reserves	$	812		$	982
Accrued liabilities	3,005			2,753
Deferred compensation obligation	1,060			895
Pension and post-retirement benefit plans	755			—
Other	11			74
Deferred tax assets, current	5,643			4,704
Liabilities:
Prepaid expenses	(260		)	(186		)
Fixed assets	(232		)	—
Other	(352		)	—
Deferred tax asset, net – current	4,799			4,518
Deferred taxes, non-current:
Assets:
Accrued liabilities	395			613
Deferred compensation obligation	8,146			6,956
Stock-based compensation	2,196			1,817
Pension and post-retirement benefit plans	5,274			5,303
Goodwill and intangible assets	3,869			7,543
Other	219			320
Deferred tax assets, non-current	20,099			22,552
Liabilities:
Fixed assets	(1,361		)	(1,198		)
Other	(3		)	(331		)
Deferred tax liabilities, non-current	(1,364		)	(1,529		)
Valuation allowance	(85		)	(85		)
Deferred tax asset, net – non-current	18,650			20,938
Net deferred tax asset	$	23,449		$	25,456

Income Tax Uncertainties

The following table presents a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended (in thousands):

	DECEMBER 31,
	2016			2015			2014
Beginning balance	$	788		$	278		$	403
Additions for tax positions of prior years	454			625			90
Reductions for tax positions of prior years	(25		)	(8		)	(11		)
Lapse of statute of limitations	(102		)	(25		)	(24		)
Settlements	—			(82		)	(180		)
Ending balance	$	1,115		$	788		$	278