Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Taxes

Schedule of components of income tax expense (benefit)

	Year Ended December 31,
In thousands	2014		2013			2012
Current
Federal	$	5,836	$	8,689		$	14,676
State and Local	619		3,554			3,521
Foreign	1,062		1,189			1,878
Total Current	$	7,517	$	13,432		$	20,075
Deferred
Federal	$	2,862	$	3,532		$	2,831
State and local	2,177		(2,142		)	(1,232		)
Foreign	759		354			(878		)
Total Deferred	$	5,798	$	1,744		$	721
Total income tax expense	$	13,315	$	15,176		$	20,796

Schedule of components of income from continuing operations before income taxes

	Year Ended December 31,
In thousands	2014		2013		2012
United States	$	29,962	$	33,143	$	52,287
Foreign	7,344		6,474		3,905
Total income (loss) from continuing operations before income taxes	$	37,306	$	39,617	$	56,192

Schedule of difference between total income tax expense (benefit) and the amount computed by applying the statutory federal income tax rate

	Year Ended December 31,
In thousands	2014			Rate		2013			Rate		2012			Rate
Computed expected income tax expense (benefit)	$	13,057		35	%	$	13,866		35	%	$	19,667		35	%
Net effect of state income taxes	1,817			5	%	918			2	%	2,501			4	%
Foreign subsidiary dividend inclusions	135			0	%	1,125			3	%	120			0	%
Foreign tax rate benefit	(749		)	-2	%	(570		)	-1	%	(366		)	-1	%
Change in beginning of year valuation allowance	(537		)	-1	%	(87		)	0	%	(1,225		)	-2	%
Other, net	(408		)	-1	%	(76		)	0	%	99			0	%
Income tax expense (benefit) for the period	$	13,315		36	%	$	15,176		38	%	$	20,796		37	%

Schedule of allocation of income tax expense (benefit)

	Year Ended December 31,
In thousands	2014			2013			2012
Continuing operations	$	13,315		$	15,176		$	20,796
Discontinued operations	—			1,225			(48,959		)
Loss on sale	—			(9,047		)	(2,147		)
Stockholders’ equity	(9,527		)	17,373			(736		)
Total	$	3,788		$	24,727		$	(31,046	)

Schedule of tax effects of temporary differences

	Year Ended December 31,
In thousands	2014			2013
Deferred tax assets
Deferred compensation and retirement plan	$	25,432		$	14,449
Accrued expenses not deductible until paid	3,925			4,430
Employee stock-based compensation	1,182			2,561
Accrued payroll not deductible until paid	948			2,270
Accounts receivable, net	1,175			1,345
Other, net	76			124
State income tax	60			269
Federal net operating loss carryforwards	130			130
Foreign net operating loss carryforwards	2,805			2,750
State net operating loss carryfowards	2,010			2,037
Foreign tax credit carryforwards	739			1,125
Capital loss carryforwards	7,182			6,713
Total gross deferred tax assets	45,664			38,203
Less valuation analysis	(10,933		)	(10,744		)
Net deferred tax assets	$	34,731		$	27,459
Deferred tax liabilities
Property, plant and equipment	$	(6,484	)	$	(7,250	)
Goodwill and other intangibles	(82,702		)	(78,301		)
Total gross deferred tax liabilities	(89,186		)	(85,551		)
Net deferred tax liabilities	$	(54,455	)	$	(58,092	)

Schedule of reconciliation of the beginning and ending amount of unrecognized tax benefit

In thousands
Balance at January 1, 2013	$	51
Additions for current year tax positions	—
Additions for prior year tax positions	—
Reductions for prior year tax positions	—
Lapse of statute	(24		)
Settlements	—
Balance at December 31, 2013	$	27
Additions for current year tax positions	$	—
Additions for prior year tax positions	—
Reductions for prior year tax positions	—
Lapse of statute	(27		)
Settlements	—
Balance at December 31, 2014	$	—