For the six months, other income (loss) was a (loss) of $1.1 million and income of $627,000, respectively, including an equity (loss) of $1.0 million in 2006, compared to equity income of $194,000 in 2005.
Income Tax Expense (Benefit). For the 2006 second quarter, the income tax (benefit) of $125,000, included a noncash deferred federal tax (benefit) of $269,000 and state tax expense of $144,000.
For the 2005 second quarter, the income tax expense of $873,000, included a noncash deferred federal tax (benefit) of $252,000, current federal tax expense of $650,000 and state tax expense of $475,000.
For the 2006 six months, income tax expense of $358,000, included a noncash deferred federal tax (benefit) of $19,000 and state tax expense of $377,000.
For the 2005 six months, the income tax expense of $1.9 million, included a noncash deferred federal tax expense of $239,000, current federal tax expense of $656,000 and state tax expense of $983,000.
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