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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Reconciliation of Effective Tax Rate to Federal Statutory Tax Rate | The following is a reconciliation of our effective tax rate to the federal statutory tax rate:
| Years Ended December 31, |  |
| 2023 |  |  | 2022 |  |  | 2021 |  |
U.S. federal statutory rate |  | 21.0 |  | % |  | 21.0 |  | % |  | 21.0 |  | %
State taxes, net of federal benefit |  | 0.4 |  |  |  | 3.5 |  |  |  | 3.5 |  |
Federal and state incentives |  | (1.9 | ) |  |  | (1.4 | ) |  |  | (0.5 | ) |
State law changes |  | (0.2 | ) |  |  | 0.4 |  |  |  | 1.1 |  |
Permanent differences |  | 0.6 |  |  |  | 0.2 |  |  |  | 0.6 |  |
Net effective rate |  | 19.9 |  | % |  | 23.7 |  | % |  | 25.7 |  | %
Summary of Provision for Income Taxes | The following is a summary of our provision for income taxes (in thousands):
| Years Ended December 31, |
| 2023 |  |  | 2022 |  |  | 2021 |
Current |  |  |  |  |  |  |  |
Federal | $ | 34,951 |  |  | $ | 85,831 |  |  | $ | 51,918 |
State and local |  | (1,191 | ) |  |  | 25,162 |  |  |  | 13,876 |
Foreign |  | 55 |  |  |  | 32 |  |  |  | 38 |
|  | 33,815 |  |  |  | 111,025 |  |  |  | 65,832 |
Deferred |  |  |  |  |  |  |  |
Federal |  | 8,305 |  |  |  | 7,366 |  |  |  | (5,125 | )
State and local |  | (432 | ) |  |  | (7,388 | ) |  |  | (1,254 | )
Foreign |  | (12 | ) |  |  | 7 |  |  |  | (17 | )
|  | 7,861 |  |  |  | (15 | ) |  |  | (6,396 | )
Total provision | $ | 41,676 |  |  | $ | 111,010 |  |  | $ | 59,436 |
Summary of Deferred Tax Assets and Liabilities | The following is a summary of our deferred tax assets and liabilities (in thousands):
| December 31, |
| 2023 |  |  | 2022 |
Accrued compensation |  | 9,884 |  |  |  | 21,035 |
Other reserves |  | 32,060 |  |  |  | 30,588 |
Tax credit carryforwards |  | 6,533 |  |  |  | 8,156 |
Operating loss carryforwards |  | 151 |  |  |  | 166 |
Lease accounting liability |  | 44,440 |  |  |  | 29,185 |
Total gross deferred income taxes |  | 93,068 |  |  |  | 89,130 |
Valuation allowances |  | (1,174 | ) |  |  | (1,567 | )
Total deferred tax assets |  | 91,894 |  |  |  | 87,563 |
Prepaids |  | (6,444 | ) |  |  | (6,077 | )
Property and equipment |  | (153,790 | ) |  |  | (156,961 | )
Intangibles |  | (53,759 | ) |  |  | (54,796 | )
Lease right-of-use asset |  | (41,668 | ) |  |  | (25,652 | )
Total deferred tax liabilities |  | (255,661 | ) |  |  | (243,486 | )
Total deferred taxes | $ | (163,767 | ) |  | $ | (155,923 | )
Unrecognized Tax Benefits |
| 2023 |  |  | 2022 |
Gross unrecognized tax benefits - beginning of the year | $ | 11,116 |  |  | $ | 6,647 |
Gross increases related to prior year tax positions |  | 761 |  |  |  | 425 |
Gross increases related to current year tax positions |  | 1,460 |  |  |  | 4,665 |
Lapse of applicable statute of limitations |  | (478 | ) |  |  | (621 | )
Gross unrecognized tax benefits - end of year | $ | 12,859 |  |  | $ | 11,116 |

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