Rendering

Component: (Network and Table)
Network
100280 - Disclosure - Income Taxes (Tables)
(http://www.aljregionalholdings.com/20160930/taxonomy/role/DisclosureIncomeTaxesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001438731 (http://www.sec.gov/CIK)
Income Tax Disclosure [Abstract]Period [Axis]
2015-10-01 - 2016-09-30
Income Tax Disclosure [Abstract]
 
Summary of Income Before Taxes and Benefit from Income Taxes

Income before taxes and the benefit from income taxes for the years ended September 30, 2016 and 2015 consisted of the following (in thousands):

 

 

 

Year Ended September 30,

 

 

 

2016

 

 

2015

 

Income before income taxes

 

$

4,710

 

 

$

6,836

 

Provision (benefit) for income taxes:

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

Federal

 

 

(136

)

 

 

—

 

State

 

 

671

 

 

 

800

 

Total current provision for income taxes

 

 

535

 

 

 

800

 

Deferred:

 

 

 

 

 

 

 

 

Federal

 

 

(6,331

)

 

 

(6,198

)

State

 

 

(419

)

 

 

(59

)

Total deferred benefit for income taxes

 

 

(6,750

)

 

 

(6,257

)

Total benefit for taxes

 

$

(6,215

)

 

$

(5,457

)

Effective tax rate

 

 

(131.95

)%

 

 

(79.83

)%

 

  
Summary of Tax Provision at Statutory Federal Income Tax Rate and Benefit from Income Tax Percentage of Income Before Income Taxes

 

The difference between the tax provision at the statutory federal income tax rate and the benefit from income tax as a percentage of income before income taxes (effective tax rate) for the years ended September 30, 2016 and 2015 was as follows:

 

 

 

Year Ended September 30,

 

 

 

2016

 

 

2015

 

Statutory federal income tax rate

 

 

35.00

%

 

 

35.00

%

Increase (reduction) in rate resulting from:

 

 

 

 

 

 

 

 

State tax, net of federal benefit

 

 

14.66

 

 

 

7.34

 

Permanent differences

 

 

2.77

 

 

 

1.85

 

Change in valuation allowance and other

 

 

(184.38

)

 

 

(124.02

)

Effective tax rate

 

 

(131.95

)%

 

 

(79.83

)%

 

 

 

  
Significant Components of Company's Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities as of September 30, 2016 and 2015 were as follows (in thousands):

 

 

 

As of September 30,

 

 

 

2016

 

 

2015

 

Deferred tax assets:

 

 

 

 

 

 

 

 

Net operating loss carryforward

 

$

55,759

 

 

$

54,850

 

Allowance for doubtful accounts

 

 

406

 

 

 

120

 

Accrued expenses and other

 

 

1,115

 

 

 

1,554

 

Deferred revenue

 

 

59

 

 

 

209

 

Other (WOTC and AMT credit carryforward)

 

 

2,371

 

 

 

2,094

 

Gross deferred tax assets

 

 

59,710

 

 

 

58,827

 

Less: valuation allowance

 

 

(42,447

)

 

 

(46,330

)

Net deferred tax assets

 

 

17,263

 

 

 

12,497

 

 

 

 

 

 

 

 

 

 

Deferred tax liabilities:

 

 

 

 

 

 

 

 

Depreciable assets

 

 

(6,585

)

 

 

(6,457

)

Intangible assets

 

 

(10,370

)

 

 

(14,220

)

State income tax

 

 

(1,738

)

 

 

—

 

Total deferred tax liabilities

 

 

(18,693

)

 

 

(20,677

)

Net deferred tax liabilities

 

$

(1,430

)

 

$

(8,180

)