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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income before income taxes includes the following components:

						Year Ended December 31
						2024						2023						2022
						(thousands)
Domestic						$	500,270					$	643,060					$	1,144,790
Foreign						1,489						1,989						1,591
Income before income taxes						$	501,759					$	645,049					$	1,146,381

Schedule of Income Tax Provision

The income tax provision shown in the Consolidated Statements of Operations includes the following:

						Year Ended December 31
						2024						2023						2022
						(thousands)
Current income tax provision
Federal						$	101,542					$	133,323					$	177,023
State						26,279						28,250						52,046
Foreign						—						—						(12)
Total current						127,821						161,573						229,057
Deferred income tax provision (benefit)
Federal						(2,915)						(629)						54,852
State						(269)						(68)						3,921
Foreign						768						517						893
Total deferred						(2,416)						(180)						59,666
Income tax provision						$	125,405					$	161,393					$	288,723

Schedule of Income Tax Rate Reconciliation

The effective tax rate varies from the U.S. Federal statutory income tax rate principally due to the following:

						Year Ended December 31
						2024						2023						2022
						(thousands, except percentages)
Income before income taxes						$	501,759					$	645,049					$	1,146,381
Statutory U.S. income tax rate						21.0		%				21.0		%				21.0		%
Statutory tax provision						$	105,369					$	135,460					$	240,740
State taxes						20,491						22,249						45,037
Unrecognized tax benefits						55						(154)						6
Tax credits						(805)						(226)						(570)
Foreign rate differential						393						111						370
Stock-based compensation						(3,882)						(1,113)						(1,529)
Nondeductible executive compensation						4,672						3,174						2,433
Meals and entertainment						940						1,239						911
Other						(1,828)						653						1,325
Total						$	125,405					$	161,393					$	288,723
Effective income tax rate						25.0		%				25.0		%				25.2		%

Schedule of Net Deferred Tax Assets and Liabilities

The components of our net deferred tax assets and liabilities at December 31, 2024 and 2023, are summarized as follows:

						December 31, 2024						December 31, 2023
						(thousands)
Deferred tax assets
Employee benefits						$	29,141					$	35,445
Lease liabilities						21,136						24,576
Inventories						8,142						5,849
Foreign net operating loss carryforward						274						130
Other						12,152						10,276
Deferred tax assets						$	70,845					$	76,276
Deferred tax liabilities
Property and equipment						$	(105,735)					$	(108,832)
Right-of-use assets						(18,556)						(22,256)
Intangible assets and other						(19,480)						(19,523)
Other						(2,218)						(2,825)
Deferred tax liabilities						$	(145,989)					$	(153,436)
Total deferred tax assets (liabilities), net						$	(75,144)					$	(77,160)

Schedule of Unrecognized Tax Benefits Roll Forward

The following table summarizes the changes related to our gross unrecognized tax benefits excluding interest and penalties:

						2024						2023						2022
						(thousands)
Balance as of January 1						$	1,559					$	1,734					$	1,782
Increases related to prior years' tax positions						—						4						—
Increases related to current years' tax positions						103						—						13
Decreases related to prior years' tax positions						—						—						(14)
Lapse of statute of limitations						(106)						(179)						(47)
Balance as of December 31						$	1,556					$	1,559					$	1,734

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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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Tabular disclosure of the change in unrecognized tax benefits.

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