Annual report pursuant to Section 13 and 15(d)

Note 13 - Income Taxes (Tables)

v3.6.0.2
Note 13 - Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2016
Notes Tables  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
   
2016
    
2015
  
Federal income tax expense - current
   $
9
    $
116
 
Federal income tax (benefit) expense - deferred
    
(2,657
 )    
142
 
State income tax expense - current
    
59
     
9
 
State income tax (benefit) expense - deferred
    
(405
 )    
276
 
Total income tax (benefit) expense
  $
(2,994
 )   $
543
 
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
 
  
2016
    
2015
  
Deferred tax assets:            
Net operating losses
   $
7,288
    $
4,566
 
Environmental and closure reserves
    
3,189
     
2,497
 
Other
    
2,285
     
2,800
 
Deferred tax liabilities:
                
Depreciation and amortization
    
(162
 )    
(1,130
 )
Goodwill and indefinite lived intangible assets
    
(2,362
 )    
(5,443
 )
Prepaid expenses
    
(72
 )    
(122
 )
     
10,166
     
3,168
 
Valuation allowance
    
(12,528
 )    
(8,592
 )
Net deferred income tax liabilities
    
(2,362
 )    
(5,424
 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
   
2016
    
2015
  
Tax (benefit) expense at statutory rate
   $
(5,527
 )   $
166
 
State tax benefit, net of federal benefit
    
(785
 )    
(93
 )
Change in deferred tax rates
    
(82
 )    
208
 
Permanent items
    
119
     
84
 
Difference in foreign rate
    
98
     
40
 
Change in deferred tax liabilities
    
(260
 )    
206
 
Other
    
(241
 )    
(124
 )
Increase in valuation allowance
    
3,684
     
56
 
Income tax (benefit) expense
  $
(2,994
 )   $
543