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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Benefit for Income Taxes | A summary of the provision (benefit) for income taxes is as follows:
| Fiscal Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Federal |  |  |  |  |
Current | $ | — |  |  | $ | (951) |  |  | $ | (951) |
Deferred | 12,356 |  |  | (35,177) |  |  | (699) |
| 12,356 |  |  | (36,128) |  |  | (1,650) |
State |  |  |  |  |
Current | 1,873 |  |  | 435 |  |  | 321 |
Deferred | 2,717 |  |  | (17,111) |  |  | (545) |
| 4,590 |  |  | (16,676) |  |  | (224) |
Provision (benefit) for income taxes | $ | 16,946 |  |  | $ | (52,804) |  |  | $ | (1,874) |
Schedule of Difference in Benefit for Income Taxes | The differences in the provision (benefit) for income taxes and the amounts determined by applying the Federal statutory rate to income before income taxes are as follows:
| Fiscal Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Federal statutory rate | 21 | % |  | 21 | % |  | 21 | %
Tax at statutory rate | $ | 12,190 |  |  | $ | 8,043 |  |  | $ | 6,254 |
State income taxes, net of federal benefit | 3,868 |  |  | 1,615 |  |  | 1,008 |
Change in valuation allowance | (388) |  |  | (61,317) |  |  | (4,420) |
Federal effect of change in state valuation allowance | 74 |  |  | 3,803 |  |  | — |
Non-deductible officer compensation | 1,338 |  |  | 487 |  |  | 1,359 |
Non-deductible expenses | 322 |  |  | 656 |  |  | 638 |
Deductible stock awards | (363) |  |  | (3,790) |  |  | (6,004) |
Tax credits | (153) |  |  | (130) |  |  | (82) |
Deferred tax adjustments | — |  |  | (2,047) |  |  | — |
Other, net | 58 |  |  | (124) |  |  | (627) |
Provision (benefit) for income taxes | $ | 16,946 |  |  | $ | (52,804) |  |  | $ | (1,874) |
Schedule of Deferred Tax Assets and Liabilities | :
| December 31,
| 2021 |  | 2020
Deferred tax assets: |  |  |
Accrued expenses and reserves | $ | 41,723 |  |  | $ | 35,444 |
Net operating loss carryforwards | 24,177 |  |  | 34,364 |
General business and state tax credit carryforwards | 7,617 |  |  | 8,044 |
Stock awards | 3,436 |  |  | 2,824 |
Unrealized loss on swaps | 1,461 |  |  | 3,798 |
Other | 2,264 |  |  | 2,307 |
Total deferred tax assets | 80,678 |  |  | 86,781 |
Less: valuation allowance | (6,094) |  |  | (6,482) |
Total deferred tax assets after valuation allowance | 74,584 |  |  | 80,299 |
Deferred tax liabilities: |  |  |
Amortization of intangibles | (18,042) |  |  | (18,044) |
Tax over book depreciation of property and equipment | (13,297) |  |  | (1,875) |
Other | (156) |  |  | (129) |
Total deferred tax liabilities | (31,495) |  |  | (20,048) |
Net deferred tax asset | $ | 43,089 |  |  | $ | 60,251 |

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- Definition 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
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