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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2020
Income Tax Disclosure [Abstract] |
Schedule of Benefit for Income Taxes | A summary of the benefit for income taxes is as follows:
| Fiscal Year Ended December 31,
| 2020 |  | 2019 |  | 2018
Federal |  |  |  |  |
Current | $ | (951) |  |  | $ | (951) |  |  | $ | (1,902) |
Deferred | (35,177) |  |  | (699) |  |  | 1,255 |
| (36,128) |  |  | (1,650) |  |  | (647) |
State |  |  |  |  |
Current | 435 |  |  | 321 |  |  | 268 |
Deferred | (17,111) |  |  | (545) |  |  | (5) |
| (16,676) |  |  | (224) |  |  | 263 |
Benefit for income taxes | $ | (52,804) |  |  | $ | (1,874) |  |  | $ | (384) |
Schedule of Difference in Benefit for Income Taxes | The differences in the benefit for income taxes and the amounts determined by applying the Federal statutory rate to income before provision for income taxes are as follows:
| Fiscal Year Ended December 31,
| 2020 |  | 2019 (1) |  | 2018
Federal statutory rate | 21 | % |  | 21 | % |  | 21 | %
Tax at statutory rate | $ | 8,043 |  |  | $ | 6,254 |  |  | $ | 1,268 |
State income taxes, net of federal benefit | 1,615 |  |  | 1,008 |  |  | (89) |
Change in valuation allowance | (61,317) |  |  | (4,420) |  |  | (1,613) |
Federal effect of change in state valuation allowance | 3,803 |  |  | — |  |  | — |
Deductible stock awards | (3,790) |  |  | (6,004) |  |  | (2,048) |
Deferred tax adjustments | (2,047) |  |  | — |  |  | — |
Non-deductible expenses | 656 |  |  | 638 |  |  | 633 |
Non-deductible officer compensation | 487 |  |  | 1,359 |  |  | 2,214 |
Tax credits | (130) |  |  | (82) |  |  | (686) |
Other, net | (124) |  |  | (627) |  |  | (63) |
Benefit for income taxes | $ | (52,804) |  |  | $ | (1,874) |  |  | $ | (384) |
Schedule of Deferred Tax Assets and Liabilities | A summary of deferred tax assets and liabilities is as follows:
| December 31,
| 2020 |  | 2019 (1)
Deferred tax assets: |  |  |
Accrued expenses and reserves | $ | 35,444 |  |  | $ | 36,559 |
Net operating loss carryforwards | 34,364 |  |  | 40,556 |
General business and state tax credit carryforwards | 8,044 |  |  | 8,422 |
Unrealized loss on hedges and swaps | 3,798 |  |  | 1,768 |
Stock awards | 2,824 |  |  | 3,097 |
Book over tax depreciation of property and equipment | — |  |  | 2,882 |
Alternative minimum tax credit carryforwards | — |  |  | 951 |
Other | 2,307 |  |  | 2,600 |
Total deferred tax assets | 86,781 |  |  | 96,835 |
Less: valuation allowance | (6,482) |  |  | (67,799) |
Total deferred tax assets after valuation allowance | 80,299 |  |  | 29,036 |
Deferred tax liabilities: |  |  |
Amortization of intangibles | (18,044) |  |  | (22,910) |
Tax over book depreciation of property and equipment | (1,875) |  |  | — |
Other | (129) |  |  | (192) |
Total deferred tax liabilities | (20,048) |  |  | (23,102) |
Net deferred tax asset | $ | 60,251 |  |  | $ | 5,934 |
(1)Adjusted for deductibility of certain stock awards and state tax credits, with an offset to the valuation allowance.
Schedule of Reconciliation of Gross Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows:
| Fiscal Year Ended December 31,
| 2020 |  | 2019
Unrecognized tax benefits at beginning of period | $ | 1 |  |  | $ | 2 |
Reductions resulting from lapse of statute of limitations | (1) |  |  | (1) |
Unrecognized tax benefits at end of period | $ | — |  |  | $ | 1 |

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