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INCOME TAXES (Tables)

12 Months Ended

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
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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.

+ 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
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- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
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