They're sitting on $ 7 mm in deferred tax assets which are not shown on the balance sheet because they're all reduced by an equivalent valuation allowance. (greenbackd.com)
Excluding a non-cash valuation allowance against some deferred tax assets, the loss totaled 86 cents per share. (phys.org)
As Stuart mentioned, we reversed $ 403 million of our deferred tax asset valuation allowance in the second quarter of 2012. (seekingalpha.com)