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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Taxes [Abstract] |
Provision for Income Taxes | The provision for income taxes for the years ended December 31 consist of the following:
(In thousands) |  | 2021 |  |  | 2020 |  |  | 2019 |
Current |  |  |  |  |  |  |  |  |
Federal |  | $ | 22,832 |  |  | $ | 16,831 |  |  | $ | 7,701 |
State |  |  | 4,666 |  |  |  | 3,210 |  |  |  | 1,849 |
|  |  | 27,498 |  |  |  | 20,041 |  |  |  | 9,550 |
Deferred |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 589 |  |  |  | (1,217 | ) |  |  | (2,217 | )
State |  |  | (355 | ) |  |  | (1,241 | ) |  |  | (474 | )
|  |  | 234 |  |  |  | (2,458 | ) |  |  | (2,691 | )
Total income tax expense |  | $ | 27,732 |  |  | $ | 17,583 |  |  | $ | 6,859 |
Statutory to Effective Income Tax Reconciliation | The differences between income tax expense in the accompanying Consolidated Financial Statements and the amount computed by applying the statutory Federal income tax rate are as follows:
(In thousands) |  | 2021 |  |  | 2020 |  |  | 2019 |
Statutory rates applied to income before income taxes |  | $ | 24,949 |  |  | $ | 16,164 |  |  | $ | 6,032 |
State income taxes, net of Federal tax benefit |  |  | 3,836 |  |  |  | 2,057 |  |  |  | 1,149 |
Net permanent differences |  |  | (498 | ) |  |  | 520 |  |  |  | 228 |
Other |  |  | 78 |  |  |  | 48 |  |  |  | (128 | )
Leases |  |  | — |  |  |  | — |  |  |  | (418 | )
Federal tax credits |  |  | (152 | ) |  |  | — |  |  |  | — |
State tax credits |  |  | (481 | ) |  |  | (1,206 | ) |  |  | (4 | )
|  | $ | 27,732 |  |  | $ | 17,583 |  |  | $ | 6,859 |
Deferred Tax Assets and Liabilities | Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The amounts in the following table are grouped based on broad categories of items that generate the deferred tax assets and liabilities.
(In thousands) |  | 2021 |  |  | 2020 |
Deferred tax assets: |  |  |  |  |  |
Property and equipment |  | $ | 6,944 |  |  | $ | 8,868 |
Lease liabilities |  |  | 57,588 |  |  |  | 58,417 |
Accrued liabilities |  |  | 11,306 |  |  |  | 9,885 |
Retirement benefits |  |  | 573 |  |  |  | 662 |
State tax credits |  |  | 2,087 |  |  |  | 943 |
Other |  |  | 676 |  |  |  | 660 |
Total deferred tax assets |  |  | 79,174 |  |  |  | 79,435 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Inventory related |  |  | 6,389 |  |  |  | 7,135 |
Right-of-use lease assets |  |  | 55,816 |  |  |  | 56,032 |
Other |  |  | 594 |  |  |  | 454 |
Total deferred tax liabilities |  |  | 62,799 |  |  |  | 63,621 |
Net deferred tax assets |  | $ | 16,375 |  |  | $ | 15,814 |

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