Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details)

v3.3.1.900
Income Taxes (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income from continuing operations before income taxes: US   $ 74,115 $ 28,338 $ 10,774
Currently payable:        
U.S. Federal   9,656 (28) (21)
State and local   1,811 1,162 738
Deferred:        
U.S. Federal $ 13,500 12,633 14,943 19,115
State and local 22,000 (29,108) 1,765 2,493
Income Tax Expense (Benefit), Total 35,500 (5,008) 17,842 22,325
Deferred tax assets:        
Receivables, net 1,888 1,888 2,567  
Inventories, net 1,484 1,484 2,094  
Other assets, principally share-based compensation 1,883 1,883 5,427  
Accrued liabilities 11,095 11,095 11,594  
Long-term liabilities 15,957 15,957 26,156  
Deferred tax assets on operating loss carryforwards 31,197 31,197 434,090  
Total deferred tax assets, gross 63,504 63,504 481,928  
Deferred tax valuation allowance (815) (815) (454,610)  
Deferred tax assets, net 62,689 62,689 27,318  
Deferred tax liabilities:        
Property and equipment, net 13,899 13,899 15,318  
Intangibles, net 207,589 207,589 191,736  
Other 1,906 1,906 1,637  
Total deferred tax liabilities, gross 223,394 223,394 208,691  
Net deferred tax liability 160,705 160,705 181,373  
Other disclosures        
Net long-term deferred tax assets 20,549 20,549    
Net long-term deferred tax liabilities 181,254 181,254 182,281  
Tax (benefit) expense resulting from a change in valuation allowance against state and local deferred tax assets   (33,700) (2,000) $ 800
Decrease in deferred tax assets operating loss carryforwards   401,000    
Adjustment to equity to record the appropriate current income tax payable on a standalone basis   2,600    
Deferred tax assets, operating loss carryforward, subject to expiration $ 31,200 $ 31,200 $ 434,100  
Income Tax Reconciliation        
U.S. Federal statutory tax rate expense (benefit)   35.00% 35.00% 35.00%
State and local taxes, net of U.S. Federal tax benefit   (24.00%) 7.00% 19.00%
U.S. Federal valuation allowance   (18.00%) 20.00% 150.00%
Other, net (as a percent)     1.00% 3.00%
Effective tax rate (as a percent)   (7.00%) 63.00% 207.00%
Income taxes paid:        
Income taxes paid   $ 20,992 $ 1,134 $ 717
Prepaid Expenses and Other Current Assets        
Other disclosures        
Net short-term deferred tax assets     $ 900