Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of provision for income taxes from continuing operations

The provision for income taxes from operations for the years ended December 31, 2015, 2014 and 2013 consists of the following:



	Years Ended December 31,
	2015		2014		2013
Current income taxes:
Federal	$	22,552	$	10,787	$	17,268
State	3,969		2,883		2,605
Total	26,521		13,670		19,873
Deferred income taxes:
Federal	8,896		10,430		1,693
State	3,781		1,349		1,338
Total	12,677		11,779		3,031
Provision for income taxes from operations	$	39,198	$	25,449	$	22,904

Total income tax expense for the years ended December 31, 2015, 2014 and 2013 was allocated as follows:



	Years Ended December 31,
	2015			2014			2013
Provision for income taxes from operations	$	39,198		$	25,449		$	22,904
Shareholders’ equity, for compensation expense for tax purposes in excess of amounts recognized for financial reporting purposes	(7,176		)	(978		)	(1,167		)
	$	32,022		$	24,471		$	21,737

Schedule of income tax reconciliation

The Company’s income tax expense differs from the amount that would have resulted from applying the federal statutory rate of 35% to pretax income from operations because of the effect of the following items during the years ended December 31, 2015, 2014 and 2013:



	Years Ended December 31,
	2015			2014			2013
Tax expense at federal statutory rate	$	42,381		$	20,533		$	19,543
State taxes, net of federal benefit	5,260			2,551			2,302
Non-deductible expenses	3,505			1,816			—
Unrecognized tax benefit	(11,464		)	971			1,952
Other, net	(484		)	(422		)	(893		)
Income tax expense from operations	$	39,198		$	25,449		$	22,904

Schedule of deferred tax assets and liabilities

The tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities are presented below as of the years ended December 31, 2015 and 2014:



	Years Ended December 31,
	2015			2014
Deferred tax assets:
Stock compensation	$	10,170		$	11,217
Deferred revenue	956			573
Allowance for doubtful accounts	1,971			1,467
Deferred compensation	9,153			8,142
Accrued expenses	24,932			20,475
Deferred rent	4,885			3,420
Net operating losses	8,809			14,354
State taxes	1,945			1,346
Other	—			2,265
Total deferred tax assets	$	62,821		$	63,259
Deferred tax liabilities:
Intangibles	$	(67,574	)	$	(57,316	)
Fixed assets	(15,155		)	(8,453		)
Prepaid expenses	(1,224		)	(1,427		)
Other	(256		)	—
Total deferred tax liabilities	$	(84,209	)	$	(67,196	)
Valuation allowance	$	(1,043	)	$	(1,224	)
Net deferred tax liabilities	$	(22,431	)	$	(5,161	)

Schedule of unrecognized tax benefits

A summary of the changes in the amount of unrecognized tax benefits (excluding interest) for 2015, 2014 and 2013 is as follows:



	2015			2014		2013
Beginning balance of unrecognized tax benefits	$	22,890		$	22,573	$	21,415
Additions based on tax positions related to the current year	—			317		809
Additions based on tax positions of prior years	395			—		349
Reductions due to lapse of applicable statute of limitation	(214		)	—		—
Settlements	(16,534		)	—		—
Ending balance of unrecognized tax benefits	$	6,537		$	22,890	$	22,573