| Income Tax Disclosure [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Income Tax Disclosure [Abstract] | |
Income Tax Provision |
Our income tax provision for the years ended December 31, 2016, 2015 and 2014, consists of the following (amounts in thousands):
|
|
|
Current |
|
|
Deferred |
|
|
Total |
|
|
Year ended December 31, 2016: |
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Federal |
|
$ |
— |
|
|
$ |
21,516 |
|
|
$ |
21,516 |
|
|
State |
|
|
280 |
|
|
|
62 |
|
|
|
342 |
|
|
|
|
$ |
280 |
|
|
$ |
21,578 |
|
|
$ |
21,858 |
|
|
Year ended December 31, 2015: |
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Federal |
|
$ |
85 |
|
|
$ |
25,206 |
|
|
$ |
25,291 |
|
|
State |
|
|
634 |
|
|
|
5,446 |
|
|
|
6,080 |
|
|
|
|
$ |
719 |
|
|
$ |
30,652 |
|
|
$ |
31,371 |
|
|
Year ended December 31, 2014: |
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Federal |
|
$ |
576 |
|
|
$ |
30,753 |
|
|
$ |
31,329 |
|
|
State |
|
|
151 |
|
|
|
6,065 |
|
|
|
6,216 |
|
|
|
|
$ |
727 |
|
|
$ |
36,818 |
|
|
$ |
37,545 |
|
|
Deferred Income Tax Assets and Liabilities |
Significant components of our deferred income tax assets and liabilities as of December 31 are as follows (amounts in thousands):
|
|
|
2016 |
|
|
2015 |
|
|
Deferred tax assets: |
|
|
|
|
|
|
|
|
|
Accounts receivable |
|
$ |
1,415 |
|
|
$ |
1,808 |
|
|
Inventories |
|
|
347 |
|
|
|
364 |
|
|
Net operating losses |
|
|
25,117 |
|
|
|
25,881 |
|
|
AMT and tax credits |
|
|
3,522 |
|
|
|
3,432 |
|
|
Sec 263A costs |
|
|
599 |
|
|
|
1,082 |
|
|
Accrued liabilities |
|
|
4,238 |
|
|
|
4,419 |
|
|
Deferred compensation |
|
|
1,001 |
|
|
|
1,345 |
|
|
Accrued interest |
|
|
533 |
|
|
|
633 |
|
|
Stock-based compensation |
|
|
283 |
|
|
|
521 |
|
|
Goodwill and intangible assets |
|
|
58 |
|
|
|
1,359 |
|
|
Other assets |
|
|
414 |
|
|
|
247 |
|
|
|
|
|
37,527 |
|
|
|
41,091 |
|
|
Valuation allowance |
|
|
(207 |
) |
|
|
— |
|
|
|
|
|
37,320 |
|
|
|
41,091 |
|
|
Deferred tax liabilities: |
|
|
|
|
|
|
|
|
|
Property and equipment |
|
|
(213,537 |
) |
|
|
(195,349 |
) |
|
Investments |
|
|
(1,618 |
) |
|
|
(1,628 |
) |
|
|
|
|
(215,155 |
) |
|
|
(196,977 |
) |
|
Net deferred tax liabilities |
|
$ |
(177,835 |
) |
|
$ |
(155,886 |
) |
|
Actual Income Tax Expense (Benefit) |
The reconciliation between income taxes computed using the statutory federal income tax rate of 35% to the actual income tax expense (benefit) is below for the years ended December 31 (amounts in thousands):
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Computed tax at statutory rates |
|
$ |
20,660 |
|
|
$ |
26,487 |
|
|
$ |
32,439 |
|
|
Permanent items - other |
|
|
904 |
|
|
|
953 |
|
|
|
1,069 |
|
|
State income tax, net of federal tax effect |
|
|
2,115 |
|
|
|
3,892 |
|
|
|
4,046 |
|
|
Change in valuation allowance |
|
|
207 |
|
|
|
— |
|
|
|
— |
|
|
Increase in uncertain tax positions |
|
|
66 |
|
|
|
39 |
|
|
|
(9 |
) |
|
Other - change in deferred state rate |
|
|
(2,094 |
) |
|
|
— |
|
|
|
— |
|
|
|
|
$ |
21,858 |
|
|
$ |
31,371 |
|
|
$ |
37,545 |
|
|
Amounts of Gross Unrecognized Tax Benefits |
A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows (in thousands):
|
|
|
2016 |
|
|
2015 |
|
|
Gross unrecognized tax benefits at January 1 |
|
$ |
6,035 |
|
|
$ |
5,962 |
|
|
Increases in tax positions taken in prior years |
|
|
26 |
|
|
|
73 |
|
|
Decreases in tax positions taken in prior years |
|
|
— |
|
|
|
— |
|
|
Increases in tax positions taken in current year |
|
|
105 |
|
|
|
— |
|
|
Decreases for tax positions taken in current year |
|
|
— |
|
|
|
— |
|
|
Settlements with taxing authorities |
|
|
— |
|
|
|
— |
|
|
Lapse in statute of limitations |
|
|
(47 |
) |
|
|
— |
|
|
Gross unrecognized tax benefits at December 31 |
|
$ |
6,119 |
|
|
$ |
6,035 |
|
|