INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Components of Income (Loss) before Income Taxes

following table summarizes our U.S. and foreign components of income (loss) from continuing operations before income taxes (in millions): 

	Year Ended December 31,
	2019		2018		2017
United States	$	65.8	$	62.8	$	45.6
Foreign	0.3		0.1		(0.1		)
Total	$	66.1	$	62.9	$	45.5

Schedule of (Benefit) Provision for Income Taxes

The following table summarizes the (benefit) provision for income taxes from continuing operations (in millions):

	Year Ended December 31,
	2019		2018		2017
Current:
Federal	$	12.5	$	2.6	$	0.7
State	2.1		2.4		1.1
Foreign	0.1		0.0		0.1
Total current	$	14.7	$	5.0	$	1.9
Deferred:
Federal	$	1.1	$	7.7	$	(18.3	)
State	0.3		0.6		(3.6		)
Foreign	0.0		0.1		0.0
Total deferred	$	1.4	$	8.4	$	(21.9	)
TOTAL	$	16.1	$	13.4	$	(20.0	)

Reconciliation of Difference between Income Tax Expense and Computed Income Tax Expense Based on Federal Statutory Corporate Rate

A reconciliation of the difference between the income tax expense and the computed income tax expense based on the Federal statutory corporate rate is as follows (in millions):

	Year Ended December 31,
	2019					2018					2017
Income tax at Federal statutory rate	$	13.9		21.0	%	$	13.2		21.0	%	$	15.9		35.0	%
State and local income taxes, net of federal tax benefit	2.4			3.7	%	2.6			4.1	%	5.0			11.0	%
Impact of state rate changes	0.1			0.1	%	(0.1		)	(0.2	)%	0.3			0.7	%
Changes in valuation allowances	0.0			—	%	0.0			—	%	(21.7		)	(47.7	)%
Reversal of valuation allowances	(0.3		)	(0.4	)%	(0.2		)	(0.3	)%	(29.4		)	(64.6	)%
2017 TCJA, net deferred tax remeasurement and repatriation tax impacts	0.0			—	%	0.0			—	%	10.4			22.9	%
Stock based compensation	(0.5		)	(0.8	)%	(1.5		)	(2.4	)%	0.0			—	%
Non-deductible items	0.8			1.2	%	0.1			0.2	%	0.1			0.2	%
Other items, net	(0.3		)	(0.4	)%	(0.7		)	(1.1	)%	(0.6		)	(1.5	)%
Income tax	$	16.1		24.4	%	$	13.4		21.3	%	$	(20.0	)	(44.0	)%

Schedule of Deferred Tax Assets and Liabilities

The deferred tax assets and liabilities are comprised of the following (in millions):

	December 31,
	2019			2018
Assets:
Accrued expenses and other liabilities	$	1.3		$	3.5
Inventory	1.3			1.3
Operating lease obligations	16.5			0.0
Intangible & other	1.3			3.1
Net operating loss and credit carryforwards	17.7			19.3
Valuation allowances	(16.8		)	(18.3		)
Total deferred tax assets	$	21.3		$	8.9
Liabilities:
Operating lease right-of-use assets	$	14.0		$	0.0
Other	0.1			0.1
Total deferred tax liabilities	$	14.1		$	0.1