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Income Taxes
9 Months Ended
Dec. 31, 2011
Income Taxes  
Income Taxes

(12)       Income Taxes

 

The Company currently has a full valuation allowance, as it is management's judgment that it is more-likely-than-not that net deferred tax assets will not be realized to reduce future taxable income.

 

We recognize interest and penalties related to uncertain tax positions in "Other Income (expense)," net. As of December 31, 2011 and 2010, we had no provisions for interest or penalties related to uncertain tax positions.

 

The tax years 2006 through 2010 remain open to examination by both the Internal Revenue Service of the United States and by the various state taxing authorities where we file.