Income Taxes (Tables)

12 Months Ended

Sep. 30, 2013

Summary of Income Tax Expense From Operations

Income tax expense from operations is comprised of the following:

	Year Ended September 30,
	2013		2012			2011
Current federal expense (benefit)	$	124,000	$	(10,000	)	$	(3,167,000	)
Current state expense		693,000		500,000			238,000
Deferred federal expense		6,251,000		4,737,000			3,920,000
Deferred state expense (benefit)		2,022,000		176,000			(552,000	)
Total	$	9,090,000	$	5,403,000		$	439,000

Summary of Income Tax Provision Computed by Applying Statutory Federal Income Tax Rate to Income (Losses) from Continuing Operations Before Income Taxes

The income tax provision differs from the amount computed by applying the statutory federal income tax rate to income (losses) from continuing operations before income taxes as follows:

	Year Ended September 30,
	2013			2012			2011
Tax expense (benefit) computed at statutory rate of 35%	$	6,850,000		$	5,781,000		$	(982,000	)
Change in valuation allowance		1,265,000			—			(19,000	)
State income tax expense (benefit), net of federal tax		1,486,000			433,000			(284,000	)
Foreign losses		(987,000	)		—			—
Transaction costs		—			(1,353,000	)		1,353,000
Other		476,000			542,000			371,000
Income tax expense	$	9,090,000		$	5,403,000		$	439,000

Principal Components of Net Deferred Tax Liability

The principal components of the Company’s net deferred tax liability are as follows:

	September 30,
	2013			2012
Deferred tax assets:
Deferred revenue	$	1,255,000		$	1,265,000
Restricted stock		390,000			579,000
Workers’ compensation		224,000			270,000
State tax net operating loss (NOL) carry forward		802,000			691,000
Federal tax NOL carry forward		9,012,000			12,776,000
Foreign tax NOL carry forward		952,000			—
Self-insurance		286,000			298,000
Canadian start-up costs		405,000			153,000
AMT credit carry forward		310,000			177,000
Other		166,000			210,000
Total gross deferred tax assets		13,802,000			16,419,000
Less valuation allowance		(1,265,000	)		—
Total net deferred tax assets		12,537,000			16,419,000
Deferred tax liabilities:
Property and equipment		(46,563,000	)		(42,172,000	)
Total deferred tax liabilities		(46,563,000	)		(42,172,000	)
Net deferred tax liability	$	(34,026,000	)	$	(25,753,000	)
Current portion of net deferred tax asset/liability	$	1,664,000		$	1,925,000
Non-current portion of net deferred tax asset/liability		(35,690,000	)		(27,678,000	)
Total net deferred tax liability	$	(34,026,000	)	$	(25,753,000	)