INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income taxes attributable to continuing operations consist of the following (amounts in millions):

			For the Years Ended December 31,
			2015		2014		2013
	Current income tax expense/(benefit):
		Federal	$	2.2	$	(13.9)	$	(2.0)
		State and local		0.5		(1.1)		0.3
				2.7		(15.0)		(1.7)

	Deferred income tax expense/(benefit):
		Federal		(0.5)		21.0		(43.2)
		State and local		(0.1)		1.6		(13.9)
		Foreign		(0.1)		0.1		0.0
				(0.7)		22.7		(57.1)
	Income tax expense/(benefit) from continuing operations		$	2.0	$	7.7	$	(58.8)

Total income tax expense for the years ended December 31, 2015, 2014 and 2013 was allocated as follows (amounts in millions):


			For the Years Ended December 31,
			2015		2014		2013
	Income from continuing operations		$	2.0	$	7.7	$	(58.8)
	Income from discontinued operations			0.0		(0.1)		(2.2)
	Interest expense			0.2		(0.1)		0.1
	Goodwill			(0.1)		0.0		0.0
	Stockholders' equity			(2.1)		0.6		2.2
			$	0.0	$	8.1	$	(58.7)

	For the Years Ended December 31,
	2015 (1)		2014		2013

Income tax expense/(benefit) at U.S. federal statutory rate	35.0	%	35.0	%	(35.0)	%
State and local income taxes, net of federal income tax benefit	(7.1)		5.8		(4.4)
Valuation allowance	79.1		1.5		0.0
Tax credits	136.0		(8.4)		(1.2)
Uncertain tax positions	(230.3)		0.6		2.3
Other items, net (2)	(663.3)		2.1		0.0
Income tax expense/(benefit)	(650.6)	%	36.6	%	(38.3)	%

Deferred tax assets (liabilities) consist of the following components (amounts in millions):
		As of December 31,
			2015		2014
	Deferred tax assets:
	Allowance for doubtful accounts	$	6.4	$	5.6
	Accrued expenses		0.0		1.2
	Accrued bonus		4.0		0.0
	Workers' compensation		9.8		8.1
	Amortization of intangible assets		72.2		89.2
	Share-based compensation		5.0		3.3
	Net operating loss carryforwards (1)		48.5		59.3
	Tax credit carryforwards (2)		4.7		2.6
	Other		5.1		1.8
	Gross deferred tax assets		155.7		171.1
	Less: valuation allowance		(0.3)		(0.6)
	Net deferred tax assets		155.4		170.5

	Deferred tax (liabilities):
	Property and equipment		(9.5)		(31.3)
	Deferred revenue		(18.5)		(16.8)
	Other liabilities		(2.2)		0.0
	Gross deferred tax (liabilities)		(30.2)		(48.1)

	Net deferred tax assets (liabilities)	$	125.2	$	122.4

(1)	The net operating loss ("NOL") carry forwards in the income tax returns include unrecognized tax benefits resulting from uncertain tax positions. Accordingly, the deferred tax assets recognized for the NOL carry forwards, as of December 31, 2015 and 2014, are presented net of unrecognized tax benefits of $3.1 million.




(2)	The tax credit carry forwards in the income tax returns include unrecognized tax benefits resulting from uncertain tax positions. Accordingly, the deferred tax assets recognized for the tax credit carry forwards, as of December 31, 2015 and 2014, are presented net of unrecognized tax benefits of $0.7 million and $0.3 million, respectively.

Classification in the consolidated balance sheet (amounts in millions):
		As of December 31,
			2015 (1)		2014

	Current deferred tax liabilities		0.0		(2.4)
	Noncurrent deferred tax assets		125.2		124.8
	Net deferred tax assets (liabilities)	$	125.2	$	122.4

(1)	In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes (Topic 740), which required that deferred tax liabilities and assets be classified as noncurrent. Since early adoption is permitted, the Company has decided to apply ASU 2015-17 to the current period, resulting in a classification of all December 31, 2015 deferred tax assets and liabilities as noncurrent. The Company has not, however, retrospectively adjusted the prior period balances.


Uncertain Tax Positions

We account for uncertain tax positions in accordance with the authoritative guidance for uncertain tax positions. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (amounts in millions):

			For the Years Ended December 31,
			2015		2014
	Balance at beginning of period		$	4.0	$	3.9
		Additions for tax positions related to current year		0		0.3
		Additions for tax positions related to prior year		1.0		0
		Reductions for tax positions related to prior years		0		0
		Lapse of statute of limitations		(0.3)		(0.2)
		Settlements		0		0
	Balance at end of period		$	4.7	$	4.0