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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2020
Income Tax Disclosure [Abstract] |
Summary of Provision for Income Taxes | The following table summarizes the provision for income taxes:
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
| (amounts in thousands)
Current: |  |  |  |  |
Federal | $ | 28,833 |  |  | $ | 15,041 |  |  | $ | 23,407 |
State | 7,564 |  |  | 6,158 |  |  | 5,992 |
| $ | 36,397 |  |  | $ | 21,199 |  |  | $ | 29,399 |
Deferred: |  |  |  |  |
Federal | $ | (4,903) |  |  | $ | (824) |  |  | $ | (9,526) |
State | (990) |  |  | 140 |  |  | (3,487) |
| $ | (5,893) |  |  | $ | (684) |  |  | $ | (13,013) |
Tax provision | $ | 30,504 |  |  | $ | 20,515 |  |  | $ | 16,386 |
Significant Components of Federal and State Deferred Tax Assets and Liabilities | Significant components of the Company’s federal and state deferred tax asset and liability balances were as follows:
| Year Ended December 31,
| 2020 |  | 2019
| (in thousands)
Deferred tax assets: |  |  |
Allowance for doubtful accounts | $ | 16,672 |  |  | $ | 13,376 |
Deferred compensation | 8,239 |  |  | 8,074 |
Deferred payroll taxes under the CARES Act | 11,914 |  |  | — |
Accrued insurance claims | 5,189 |  |  | 4,902 |
Non-deductible reserves | 309 |  |  | 489 |
Leases | 181 |  |  | — |
Other | 1,466 |  |  | 1,641 |
| $ | 43,970 |  |  | $ | 28,482 |
Deferred tax liabilities: |  |  |
Expensing of housekeeping supplies | $ | (3,322) |  |  | $ | (3,796) |
Amortization of intangibles | (574) |  |  | (218) |
Depreciation of property and equipment | (1,725) |  |  | (1,969) |
Leases | — |  |  | (96) |
Other | (2,795) |  |  | (2,039) |
| $ | (8,416) |  |  | $ | (8,118) |
Net deferred tax assets | $ | 35,554 |  |  | $ | 20,364 |
Reconciliation of The Provision for Income Taxes | The table below provides a reconciliation between the tax expense computed by applying the statutory federal income tax rate to income before income taxes and the provision for income taxes:
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
| (in thousands)
Income tax expense computed at statutory rate | $ | 27,129 |  |  | $ | 17,872 |  |  | $ | 20,981 |
Increases (decreases) resulting from: |  |  |  |  |
State income taxes, net of federal tax benefit | 4,985 |  |  | 4,902 |  |  | 1,936 |
Federal jobs credits | (3,089) |  |  | (3,164) |  |  | (5,006) |
Tax exempt interest | (323) |  |  | (399) |  |  | (384) |
Share-based compensation | 1,323 |  |  | 298 |  |  | (1,179) |
Other, net | 479 |  |  | 1,006 |  |  | 38 |
Income tax expense | $ | 30,504 |  |  | $ | 20,515 |  |  | $ | 16,386 |

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