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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Current and Deferred Federal and State Income Tax Provision from Continuing Operations

The current and deferred federal and state income tax provision from continuing operations, are comprised of the following:

		For the Years Ended December 31,
		(Amounts in Thousands)
		2024				2023				2022
Current
Federal		$	8,998			$	11,839			$	7,075
State			3,533				4,139				3,090
Deferred
Federal			11,258				2,306				3,118
State			1,966				526				863
Provision for income taxes		$	25,755			$	18,810			$	14,146

Deferred Tax Assets And Liabilities

The tax effects of certain temporary differences between the Company’s book and tax bases of assets and liabilities give rise to significant portions of the deferred income tax assets (liabilities) at December 31, 2024 and 2023. The deferred tax assets (liabilities) consisted of the following:

		For the Years Ended December 31,
		(Amounts in Thousands)
		2024				2023
Deferred tax assets
Long-term
Accounts receivable allowances		$	20,843			$	21,480
Operating lease liabilities			14,917				13,562
Accrued compensation			5,683				4,957
Accrued workers’ compensation			3,253				3,046
Transaction costs			2,547				2,390
Stock-based compensation			1,400				1,456
Net operating loss			73				87
Restructuring costs			555				26
Other			2,517				2,908
Total long-term deferred tax assets			51,788				49,912
Deferred tax liabilities
Long-term
Goodwill and intangible assets			(61,177	)			(42,980	)
Operating lease assets, net			(12,521	)			(11,650	)
Property and equipment			(2,796	)			(2,829	)
Insurance premiums			(1,079	)			(982	)
Other			(35	)			—
Total long-term deferred tax liabilities			(77,608	)			(58,441	)
Total net deferred tax (liabilities) assets		$	(25,820	)		$	(8,529	)

Reconciliation of Statutory Federal Tax Rate

A reconciliation for continuing operations of the statutory federal tax rate of 21.0% to the effective income tax rate is summarized as follows:

		For the Years Ended December 31,
		(Amounts in Thousands)
		2024				2023					2022
Federal income tax at statutory rate			21.0		%			21.0		%			21.0		%
State and local taxes, net of federal benefit			5.8					5.6					5.9
162(m) disallowance for executive compensation			2.5					2.2					3.2
Nondeductible penalties			—					0.1					—
Excess tax benefit			(0.5	)				(0.5	)				(0.4	)
Jobs tax credits, net			(3.3	)				(4.0	)				(5.1	)
Nondeductible permanent items			0.2					0.1					—
Stock acquisition cost			1.4					—					—
Federal/state return to provision			(0.1	)				(1.3	)				(1.0	)
Other			(1.1	)				(0.1	)				(0.1	)
Effective income tax rate			25.9		%			23.1		%			23.5		%

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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

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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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://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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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.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
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-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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