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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Income Before Income Taxes | The domestic and foreign components of income before provision for income taxes are as follows for the years ended December 31:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Domestic |  | $ | 97,884 |  |  | $ | 68,817 |  |  | $ | 87,622 |
Foreign |  |  | 2,206 |  |  |  | 5,856 |  |  |  | 2,551 |
Income before income taxes |  | $ | 100,090 |  |  | $ | 74,673 |  |  | $ | 90,173 |
Income Tax Expense Components | Income tax expense consisted of the following for the years ended December 31:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 15,961 |  |  | $ | 14,645 |  |  | $ | 14,123 |
State |  |  | 3,494 |  |  |  | 5,198 |  |  |  | 5,698 |
Foreign |  |  | 687 |  |  |  | 1,736 |  |  |  | 1,537 |
Total current |  |  | 20,142 |  |  |  | 21,579 |  |  |  | 21,358 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 4,724 |  |  |  | (1,721 | ) |  |  | 320 |
State |  |  | 4,395 |  |  |  | 314 |  |  |  | (25 | )
Foreign |  |  | (303 | ) |  |  | (458 | ) |  |  | (418 | )
Total deferred |  |  | 8,816 |  |  |  | (1,865 | ) |  |  | (123 | )
Income tax expense |  | $ | 28,958 |  |  | $ | 19,714 |  |  | $ | 21,235 |
Deferred Tax Assets (Liabilities) | Deferred tax assets (liabilities) consisted of the following at December 31:
|  | 2021 |  |  | 2020 |
Deferred Tax Assets |  |  |  |  |  |  |  |
Allowance for expected credit losses |  | $ | 1,825 |  |  | $ | 1,687 |
Accrued paid time off |  |  | 2,504 |  |  |  | 2,423 |
Foreign net operating loss (NOL) carry forward |  |  | 91 |  |  |  | 957 |
State net operating loss (NOL) carry forward |  |  | 522 |  |  |  | 714 |
Stock option compensation |  |  | 1,680 |  |  |  | 2,308 |
Deferred rent |  |  | 2,566 |  |  |  | 3,091 |
Deferred compensation |  |  | 5,358 |  |  |  | 4,598 |
Foreign tax credits |  |  | 6,677 |  |  |  | 5,882 |
State tax credits |  |  | 1,081 |  |  |  | 2,108 |
Foreign exchange |  |  | 4,014 |  |  |  | 5,370 |
Foreign deferred |  |  | 727 |  |  |  | 650 |
Accrued bonus |  |  | 5,303 |  |  |  | 4,126 |
Accrued liabilities and other |  |  | 6,660 |  |  |  | 5,701 |
|  |  | 39,008 |  |  |  | 39,615 |
Less: Valuation Allowance |  |  | (7,048 | ) |  |  | (6,839 | )
Total Deferred Tax Assets |  |  | 31,960 |  |  |  | 32,776 |
Deferred Tax Liabilities |  |  |  |  |  |  |  |
Retention |  |  | (637 | ) |  |  | (1,003 | )
Prepaid expenses |  |  | (726 | ) |  |  | (1,089 | )
Payroll taxes |  |  | (544 | ) |  |  | (489 | )
Unbilled revenue |  |  | (607 | ) |  |  | (1,451 | )
Depreciation |  |  | (1,920 | ) |  |  | (1,731 | )
Amortization |  |  | (68,194 | ) |  |  | (60,392 | )
Deferred gain and other |  |  | (1,245 | ) |  |  | (951 | )
Total Deferred Tax Liabilities |  |  | (73,873 | ) |  |  | (67,106 | )
Total Net Deferred Tax Liability |  | $ | (41,913 | ) |  | $ | (34,330 | )
Unrecognized Tax Benefit Reconciliation | The unrecognized tax benefit reconciliation, excluding penalty and interest, is as follows:
Unrecognized tax benefits at January 1, 2019 |  | $ | 216 |
Decrease attributable to tax positions taken during a prior period |  |  | (216 | )
Unrecognized tax benefits at December 31, 2019 |  |  | — |
Increase attributable to tax positions taken during the current period |  |  | 811 |
Unrecognized tax benefits at December 31, 2020 |  |  | 811 |
Decrease attributable to tax positions taken during the current period |  |  | (361 | )
Unrecognized tax benefits at December 31, 2021 |  | $ | 450 |
Effective Income Tax Rate Reconciliation | The Company’s provision for income taxes differs from the federal statutory rate. The differences between the statutory rate and the Company’s provision are as follows:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Taxes at statutory rate |  |  | 21.0 | % |  |  | 21.0 | % |  |  | 21.0 | %
State taxes, net of federal benefit |  |  | 5.6 | % |  |  | 5.6 | % |  |  | 5.3 | %
Foreign tax rate differential |  |  | 0.1 | % |  |  | 0.3 | % |  |  | 0.3 | %
Executive compensation |  |  | 2.1 | % |  |  | 2.4 | % |  |  | 0.6 | %
Other permanent differences |  |  | (0.4 | )% |  |  | 0.1 | % |  |  | 0.7 | %
Prior year tax adjustments |  |  | 1.5 | % |  |  | (1.1 | )% |  |  | (1.0 | )%
Unrecognized tax benefits |  |  | (0.5 | )% |  |  | 1.0 | % |  |  | (0.2 | )%
Valuation allowance |  |  | 1.3 | % |  |  | 1.6 | % |  |  | 1.1 | %
Equity-based compensation |  |  | (1.0 | )% |  |  | (3.8 | )% |  |  | (3.6 | )%
Tax credits |  |  | (0.8 | )% |  |  | (0.7 | )% |  |  | (0.6 | )%
Taxes at effective rate |  |  | 28.9 | % |  |  | 26.4 | % |  |  | 23.6 | %

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