INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2013

Components of Pretax Loss

The components of pretax loss from continuing operations for the quarters and years to date ended June 30, 2013 and 2012 are as follows (dollars in thousands):

	For the Quarter Ended June 30,						For the Year to Date Ended June 30,
	2013			2012			2013			2012
U.S.	$	(59,094	)	$	(101,434	)	$	(92,453	)	$	(65,240	)
Foreign		(4,068	)		(3,456	)		4,307			8,797
Total	$	(63,162	)	$	(104,890	)	$	(88,146	)	$	(56,443	)

Summary of Income Tax Provision and Effective Tax Rate for Continuing Operations

The following is a summary of our income tax benefits and effective tax rates from continuing operations (dollars in thousands):

	For the Quarter Ended June 30,						For the Year to Date Ended June 30,
	2013			2012			2013			2012
Pretax loss	$	(63,162	)	$	(104,890	)	$	(88,146	)	$	(56,443	)
Benefit from income taxes	$	(33,274	)	$	(19,027	)	$	(44,240	)	$	(11,930	)
Effective rate		-52.7	%		-18.1	%		-50.2	%		-21.1	%