Cablevision 2011 Annual Report Download - page 182

COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
I-58
NOTE 14. INCOME TAXES
Cablevision
Cablevision files a consolidated federal income tax return with its 80% or more owned subsidiaries.
Income tax expense (benefit) attributable to Cablevision's continuing operations consists of the following
components:
Years Ended December 31,
2011 2010 2009
Current expense (benefit):
Federal ................................................................................. $ (1,616) $ (2,716) $ 7,639
State and other ...................................................................... 22,295 17,134 8,798
20,679 14,418 16,437
Deferred expense (benefit):
Federal ................................................................................. 138,804 120,234 71,832
State ..................................................................................... 18,415 (24,552) 23,918
157,219 95,682 95,750
Tax expense relating to uncertain tax positions, including
accrued interest ....................................................................
.
6,538 3,667 990
Income tax expense ................................................................. $184,436 $113,767 $113,177
The current federal income tax benefit for the year ended December 31, 2011 is primarily attributable to
the carry back of a capital loss from 2009 to 2007. The current federal income tax benefit for the year
ended December 31, 2010 is primarily attributable to impact of the requested change in tax accounting
method with regard to certain installation costs that was approved by the Internal Revenue Service
("IRS") during 2010 whereby the Company recorded a cumulative adjustment to reflect current
deductibility of such costs for income tax purposes.