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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax From Continuing Operations

For the years ended December 31, 2019, 2018, and 2017, our income tax provision was calculated based on income from continuing operations before income taxes as follows (in thousands):

	2019				2018				2017
United States	$	430,253			$	375,408			$	303,854
Foreign	20,636				19,620				14,895
	$	450,889			$	395,028			$	318,749

Schedule of Income Tax Provision

The income tax provision in the accompanying Consolidated Statements of Operations for the years ended December 31, 2019, 2018, and 2017 consisted of the following (in thousands):

	2019				2018				2017
Current provision:
Federal	$	89,264			$	75,405			$	120,317
State and local	31,099				28,063				23,496
Foreign	3,685				1,389				244
	124,048				104,857				144,057
Deferred provision (benefit)	1,701				4,249				(53,358		)
	$	125,749			$	109,106			$	90,699

Schedule of U.S. Statutory Income Tax Rates From Continuing Operations

Items accounting for the differences between income taxes computed at the federal statutory rate and the income tax provision for the years ended December 31, 2019, 2018, and 2017 were as follows (in thousands):

	2019				2018				2017
Federal income taxes at the statutory rate	$	94,687			$	82,946			$	111,562
State and local income taxes, net of federal tax benefits	24,904				21,827				15,736
State tax reserves	—				(7		)		(2,543		)
Permanent differences	7,149				6,584				4,916
Domestic manufacturing deduction	—				—				(10,387		)
Excess tax benefit from share-based compensation	(733		)		(1,227		)		(1,341		)
Goodwill impairment	—				—				17,055
Foreign income taxes (including UK statutory rate changes)	(170		)		70				(2,586		)
Impact of federal rate change on net deferred tax liabilities	—				—				(39,343		)
Federal tax reserves	—				(67		)		(1,247		)
Other	(88		)		(1,020		)		(1,123		)
	$	125,749			$	109,106			$	90,699

Schedule of Deferred Tax Assets and Liabilities

The deferred income tax assets and deferred income tax liabilities recorded for the years ended December 31, 2019 and 2018 were as follows (in thousands):

	2019				2018
Deferred income tax assets:
Excess of amounts expensed for financial statement purposes over amounts deducted for income tax purposes:
Insurance liabilities	$	47,022			$	44,192
Pension liability	2,733				3,204
Operating lease liabilities (1)	68,158				—
Deferred compensation	32,685				29,300
Other (including liabilities and reserves)	25,647				27,400
Total deferred income tax assets	176,245				104,096
Valuation allowance for deferred tax assets	(3,463		)		(3,855		)
Net deferred income tax assets	172,782				100,241
Deferred income tax liabilities:
Costs capitalized for financial statement purposes and deducted for income tax purposes:
Goodwill and identifiable intangible assets	(156,604		)		(152,761		)
Operating lease right-of-use assets (1)	(65,090		)		—
Depreciation of property, plant and equipment	(18,622		)		(14,904		)
Other	(4,212		)		(3,424		)
Total deferred income tax liabilities	(244,528		)		(171,089		)
Net deferred income tax liabilities	$	(71,746	)		$	(70,848	)

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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