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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2013
Income Tax Disclosure [Abstract]  
Schedule of Provision for Income Taxes from Continuing Operations

The provision for income taxes from continuing operations consists of the following:

 

     Three Months Ended September 30,     Nine Months Ended September 30,  
     2013     2012     2013     2012  
     (In thousands)  

Current:

        

Federal

   $ 6,742      $ 6,657      $ 20,004      $ 8,705   

State and local

     1,823        887        4,717        1,834   

Foreign

     312        908        602        787   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total current provision

     8,877        8,452        25,323        11,326   
  

 

 

   

 

 

   

 

 

   

 

 

 

Deferred:

        

Federal

     (380     (232     3,885        12,509   

State and local

     (79     (428     699        2,486   

Foreign

     (289       (519     1   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total deferred provision

     (748     (660     4,065        14,996   
  

 

 

   

 

 

   

 

 

   

 

 

 

Provision for income taxes

   $ 8,129      $ 7,792      $ 29,388      $ 26,322  
Summary of Company's Net Deferred Tax Assets

The following is a summary of the Company’s net deferred tax assets:

 

     As of  
     September 30, 2013     December 31, 2012  
     (In thousands)  

Deferred tax assets and liabilities

   $ 15,773      $ 10,169   

Valuation allowance

     (11,461     (727
  

 

 

   

 

 

 

Deferred tax assets, net

   $ 4,312      $ 9,442