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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes for the years ended December 31, 2024, 2023 and 2022 is summarized as follows:

			Year Ended December 31,
			2024						2023						2022
Current:
Federal			$	70,144					$	73,092					$	56,717
State			16,857						17,301						14,216
			$	87,001					$	90,393					$	70,933
Deferred:
Federal			582						(22,280)						(5,158)
State			53						(5,201)						(1,338)
			$	635					$	(27,481)					$	(6,496)
TOTAL			$	87,636					$	62,912					$	64,437

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory rate to the effective tax rate for net income for the years ended December 31, 2024, 2023 and 2022, respectively, is comprised as follows:

			December 31,
			2024						2023						2022
Income tax expense at statutory rate			21.0		%				21.0		%				21.0		%
State income taxes - net of federal benefit			3.5						3.5						3.5
Non-deductible expenses			1.8						3.4						2.0
Equity compensation			(3.3)						(4.2)						(3.6)
Other adjustments			(0.3)						(0.6)						(0.6)
TOTAL INCOME TAX PROVISION			22.7		%				23.1		%				22.3		%

Schedule of Deferred Tax Assets and Liabilities

The Company's deferred tax assets and liabilities as of December 31, 2024 and 2023 are summarized below.

			December 31,
			2024						2023
Deferred tax assets (liabilities):
Accrued expenses			$	76,419					$	81,502
Revenue related reserves			27,023						23,714
Tax credits			597						1,192
Insurance			24,817						16,864
Lease liability			470,313						444,590
			$	599,169					$	567,862
Valuation allowance			(93)						(789)
TOTAL DEFERRED TAX ASSETS			$	599,076					$	567,073
State taxes			(197)						(280)
Depreciation and amortization			(57,253)						(52,334)
Prepaid expenses			(6,390)						(4,113)
Right-of-use asset			(468,955)						(443,222)
TOTAL DEFERRED TAX LIABILITIES			$	(532,795)					$	(499,949)
NET DEFERRED TAX ASSETS			$	66,281					$	67,124

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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.

+ References

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
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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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