INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

Reconciliation of income tax computed by applying statutory federal income tax rate

A reconciliation of reported income tax attributable to continuing operations to the amount of income tax that would result from applying the United States federal statutory income tax rate to pretax earnings (loss) from continuing operations is as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
	(In Thousands)
Federal income tax at 35% of earnings (loss) from continuing operations before income taxes	$	(120,435	)	$	26,551		$	(131,550	)	$	21,548
State income taxes, net of federal income tax benefits	(4,154		)	891			(4,541		)	723
Canadian dividend tax, net of U.S. tax benefit	—			18,460			—			18,460
Effect of federal, state, and foreign tax on permanent items	591			1,092			655			846
Change in valuation allowance	289,898			—			302,504			—
Other	1,174			(237		)	921			807
Total income tax	$	167,074		$	46,757		$	167,989		$	42,384