XML 66 R51.htm IDEA: XBRL DOCUMENT v2.4.0.8
INCOME TAXES (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Reconciliation of unrecognized tax benefits [Roll Forward]                      
Beginning balance       $ 316,000       $ 316,000 $ 316,000 $ 316,000  
Reductions to uncertain tax positions                 (167,000) 0  
Ending balance 149,000       316,000       149,000 316,000 316,000
Unrecognized tax benefits that would impact effective tax rate 193,000       434,000       193,000 434,000  
Interest on income taxes expense included in statement of operation                 7,000 17,000  
Accrued interest on income taxes 65,000       197,000       65,000 197,000  
Reconciliation of income taxes to the statutory rate [Abstract]                      
Statutory federal income tax rate (in hundredths)                 35.00% 35.00% 35.00%
Income tax expense computed at the U.S. statutory federal rate                 21,040,000 20,555,000 13,850,000
State income tax expense - net of federal benefit                 3,080,000 2,894,000 2,096,000
Non-deductible executive compensation                 248,000 150,000 152,000
Other                 457,000 316,000 109,000
Provision for income taxes                 24,825,000 23,915,000 16,207,000
Effective income tax rate (in hundredths)                 41.30% 40.70% 41.00%
Current:                      
Federal                 23,313,000 20,041,000 12,266,000
State                 5,033,000 4,453,000 3,088,000
Foreign                 15,000 36,000 59,000
Total current expense                 28,361,000 24,530,000 15,413,000
Deferred:                      
Federal                 (3,274,000) (581,000) 814,000
State                 (262,000) (34,000) (20,000)
Total deferred expense (benefit)                 (3,536,000) (615,000) 794,000
Provision for income taxes 5,775,000 7,443,000 6,104,000 5,503,000 5,043,000 6,496,000 6,875,000 5,501,000 24,825,000 23,915,000 16,207,000
Deferred Tax Assets:                      
Accrued vacation 1,700,000       1,345,000       1,700,000 1,345,000  
Provision for credit losses 2,111,000       1,997,000       2,111,000 1,997,000  
State net operating loss carryforward 1,287,000       1,505,000       1,287,000 1,505,000  
Book compensation on discounted stock options 0       77,000       0 77,000  
Deferred compensation 1,010,000       898,000       1,010,000 898,000  
Deferred revenue 260,000       221,000       260,000 221,000  
Foreign tax credit 11,000       0       11,000 0  
Federal net operating loss carry forward 88,000       168,000       88,000 168,000  
Other accruals and reserves 1,740,000       2,043,000       1,740,000 2,043,000  
Gross deferred tax assets 8,207,000       8,254,000       8,207,000 8,254,000  
Less: valuation allowance (1,287,000)       (1,505,000)       (1,287,000) (1,505,000)  
Net deferred tax assets 6,920,000       6,749,000       6,920,000 6,749,000  
Deferred Tax Liabilities:                      
Basis difference in fixed assets (1,056,000)       (491,000)       (1,056,000) (491,000)  
Basis difference in operating lease items (4,674,000)       (8,765,000)       (4,674,000) (8,765,000)  
Basis difference in tax deductible goodwill (2,449,000)       (2,288,000)       (2,449,000) (2,288,000)  
Total deferred tax liabilities (8,179,000)       (11,544,000)       (8,179,000) (11,544,000)  
Net deferred tax liabilities (1,259,000)       (4,795,000)       (1,259,000) (4,795,000)  
Reported as : [Abstract]                      
Deferred tax assets 3,742,000       2,023,000       3,742,000 2,023,000  
Deferred tax liabilities - long-term (5,001,000)       (6,818,000)       (5,001,000) (6,818,000)  
Net deferred tax liabilities (1,259,000)       (4,795,000)       (1,259,000) (4,795,000)  
State and Local Jurisdiction [Member]
                     
Operating Loss Carryforwards [Line Items]                      
Operating loss carryforwards $ 29,000,000               $ 29,000,000    
Expiration date                 2024