Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Provision for Income Taxes for Continuing Operations - Benefit (Expense)

The provision for income taxes for continuing operations - benefit (expense) consists of the following:

	Year Ended December 31,
	2022		2021		2020
	(In millions)
Current:
Federal	$	(93.8)	$	(80.4)	$	(33.8)
State	(20.4)		(16.6)		(16.6)
Total current	(114.2)		(97.0)		(50.4)
Deferred	12.7		(12.3)		34.5
Total provision for income taxes for continuing operations - benefit (expense)	$	(101.5)	$	(109.3)	$	(15.9)

Reconciliation of Statutory Federal Income Tax Rate with Federal and State Overall Effective Income Tax Rate from Continuing Operations

The reconciliation of the U.S. statutory federal income tax rate with our federal and state overall effective income tax rate from continuing operations is as follows:

	Year Ended December 31,
	2022		2021		2020
U.S. statutory federal income tax rate	21.0	%	21.0	%	21.0	%
Effective state income tax rate	7.8	%	2.6	%	(8.5)	%
Valuation allowance adjustments	(0.8)	%	0.2	%	7.5	%
Uncertain tax positions	(0.1)	%	0.2	%	(0.6)	%
Effect of goodwill impairment and indefinite lived intangible assets	24.9	%	0.0	%	(60.2)	%
Non-deductible compensation	2.2	%	0.6	%	(7.1)	%
Tax credits	0.0	%	0.0	%	7.4	%
Other	(1.6)	%	(0.7)	%	(5.2)	%
Effective income tax rate	53.4	%	23.9	%	(45.7)	%

Components of Deferred Tax Assets and Liabilities

Significant components of our deferred tax assets and liabilities were as follows:

	December 31, 2022		December 31, 2021
	(In millions)
Deferred tax assets:
Accruals and reserves	$	33.9	$	39.5
State net operating loss carryforwards	6.7		6.5
Basis difference in goodwill	—		—
Basis difference in liabilities related to right-of-use assets	124.7		119.1
Other	5.0		5.8
Total deferred tax assets	170.3		170.9
Deferred tax liabilities:
Basis difference in property and equipment	(14.3)		(11.8)
Basis difference in goodwill	(6.3)		(27.3)
Basis difference in right-of-use assets	(119.3)		(115.4)
Other	(2.8)		(1.4)
Total deferred tax liabilities	(142.7)		(155.9)
Valuation allowance	(5.6)		(4.1)
Net deferred tax asset (liability)	$	22.0	$	10.9