Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense (benefit)

A comparative analysis of the provision for income taxes follows (in thousands):

	For the Year Ended
	December 31, 2013			December 31, 2012			December 31, 2011
Current:
Federal	$	(3,968	)	$	(7,784	)	$	7,784
State and local	1,063			1,522			2,460
Current income tax expense (benefit)	(2,905		)	(6,262		)	10,244
Deferred:
Federal	(30,302		)	20,211			(70,978		)
State and local	(6,358		)	3,302			(15,034		)
Deferred income tax (benefit) expense	(36,660		)	23,513			(86,012		)
Income tax (benefit) expense	$	(39,565	)	$	17,251		$	(75,768	)

Schedule of effective income tax rate reconciliation

A reconciliation of the differences between federal statutory tax rate and the Company’s effective tax rate for 2013, 2012 and 2011 is as follows:

	For the Year Ended
	December 31, 2013		December 31, 2012		December 31, 2011
Federal statutory tax rate	35.0	%	35.0	%	35.0	%
Impairment	(29.2	)	—		(23.6	)
State income taxes, net of Federal benefit	0.6		4.6		1.7
Change in tax reserve	(0.1	)	(3.4	)	(0.5	)
Net change in state valuation allowance	—		(0.6	)	(0.1	)
Other	(0.1	)	0.9		0.1
Effective tax rate	6.2	%	36.5	%	12.6	%

Schedule of deferred tax assets and liabilities

Deferred income tax assets and deferred tax liabilities are as follows (in thousands):

	December 31, 2013			December 31, 2012
Deferred tax assets
Current:
Reserves and allowances	$	18,840		$	8,833
Payroll and related accruals	5,343			5,953
Net operating loss carryforwards, state	6,216			—
Other	409			446
Less: valuation allowance	(777		)	(511		)
Total current deferred tax assets	30,031			14,721
Noncurrent:
Equity compensation	17,376			16,940
Deferred rent	2,241			2,935
Net operating loss carryforwards, federal	12,141			—
Capital loss carryforward	232			—
Federal tax credit carryforwards	4,408			4,809
Other	5,920			3,669
Less: valuation allowance	(2,864		)	(2,367		)
Total noncurrent deferred tax assets	39,454			25,986
Total deferred tax assets	69,485			40,707
Deferred tax liabilities:
Current:
Prepaid assets	(1,873		)	(2,458		)
Other	(5		)	—
Total current deferred tax liabilities	(1,878		)	(2,458		)
Noncurrent:
Fixed assets	(2,684		)	(1,409		)
Intangible assets	(40,544		)	(51,546		)
Developed software	(3,568		)	(4,559		)
Financing fees	(1,940		)	(10,637		)
Other	(543		)	—
Total non-current deferred tax liabilities	(49,279		)	(68,151		)
Total deferred tax liabilities	(51,157		)	(70,609		)
Net deferred tax assets (liabilities)	$	18,328		$	(29,902	)

Schedule of unrecognized tax benefits roll forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

Balance at December 31, 2010	$	3,651
Additions for tax positions of the current year	9,039
Additions for tax positions of prior year	2,316
Changes in judgment	(584		)
Reductions for tax positions of prior years for:
Settlements during the period	(3,184		)
Lapses of applicable statute of limitations	(211		)
Balance at December 31, 2011	11,027
Additions for tax positions of the current year	126
Additions for tax positions of prior year	245
Changes in judgment	(2,312		)
Reductions for tax positions of prior years for:
Settlements during the period	(274		)
Lapses of applicable statute of limitations	(456		)
Balance at December 31, 2012	8,356
Additions for tax positions of the current year	456
Additions for tax positions of acquired companies	910
Reductions for tax positions of prior years for:
Settlements during the period	(1,898		)
Lapses of applicable statute of limitations	(148		)
Balance at December 31, 2013	$	7,676