Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.3.1.900
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2015
Income Tax Examination [Line Items]  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
A reconciliation of the difference between the federal statutory tax rates and the Company's effective tax rate from continuing operations is as follows:
 
 
2015
 
2014
Federal statutory rate
35.0
 %
 
35.0
 %
State income tax rate, net of Federal tax benefit
2.1
 %
 
2.7
 %
Meals and entertainment
(0.1
)%
 
—
 %
Contingent consideration
6.2
 %
 
—
 %
Goodwill impairment
(12.4
)%
 
—
 %
Valuation allowance
(27.7
)%
 
(10.3
)%
Other non-deductible
(0.6
)%
 
(0.2
)%
Discontinued operations allocation
27.1
 %
 
—
 %
Net change in Federal and state reserves
—
 %
 
—
 %
Effective tax rate
29.6
 %
 
27.2
 %
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The benefit from income taxes on continuing operations for the years ended December 31, 2015 and 2014 is comprised of the following:

 
2015
 
2014
Current:
 
 
 
Federal
$
(11,244
)
 
$
—

State
(725
)
 
5

Total current
(11,969
)
 
5

Deferred:
 
 
 

Federal
—

 
(4,686
)
State
(1,167
)
 
(349
)
Total deferred
(1,167
)
 
(5,035
)
Benefit from income taxes
$
(13,136
)
 
$
(5,030
)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]


 
2015
 
2014
Deferred tax assets included in other current assets:
 
 
 
Allowances and reserves
$
8,458

 
$
4,769

Compensation
2,176

 
3,637

Valuation allowance on deferred tax assets
(10,634
)
 
(7,046
)
Current deferred tax assets
$
—

 
$
1,360

Noncurrent deferred tax assets and liabilities:
 
 

State net operating loss carryforwards
$
7,126

 
$
5,534

Federal net operating loss carryforwards
46,166

 
41,466

Credit carryforward
248

 
150

State taxes
1,124

 
1,124

Self insurance and other reserves
—

 
509

Property, plant and equipment
2,350

 
2,332

Intangible assets
(10,992
)
 
(5,746
)
Other reserves - restructuring
208

 
181

Deferred revenue
4

 
5

Valuation allowance on deferred tax assets
(46,234
)
 
(48,080
)
Noncurrent deferred tax liabilities, net
$
—

 
$
(2,525
)
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]
The following table summarizes the change in uncertain tax benefit reserves for the two years ended December 31, 2015:

 
Unrecognized
 
Tax Benefits
Balance of unrecognized benefits as of January 1, 2014
$
1,117

Additions for tax positions related to the current year
—

Additions for tax positions of prior years
—

Reductions for tax positions of prior years
—

Balance as of December 31, 2014
$
1,117

Additions for tax positions related to the current year
—

Additions for tax positions of prior years
—

Reductions for tax positions of prior years
—

Balance as of December 31, 2015
$
1,117