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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Summary of Provision for Income Taxes

The following table summarizes the provision for income taxes:

			Year Ended December 31,
			2022						2021						2020
			(amounts in thousands)
Current:
Federal			$	3,022					$	9,120					$	28,833
State			2,381						3,766						7,564
			$	5,403					$	12,886					$	36,397
Deferred:
Federal			$	4,305					$	2,118					$	(4,903)
State			744						956						(990)
			$	5,049					$	3,074					$	(5,893)
Tax provision			$	10,452					$	15,960					$	30,504

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,
			2022						2021
			(in thousands)
Deferred tax assets:
Allowance for doubtful accounts			$	18,139					$	16,124
Deferred compensation			8,686						9,587
Deferred payroll taxes under the CARES Act			—						6,220
Accrued insurance claims			5,609						6,252
Non-deductible reserves			256						521
Leases			227						247
Other			2,488						1,854
			$	35,405					$	40,805
Deferred tax liabilities:
Expensing of housekeeping supplies			$	(2,510)					$	(3,085)
Amortization of goodwill and intangibles			(2,389)						(2,118)
Depreciation of property and equipment			(1,769)						(1,915)
Other			(399)						(2,152)
			$	(7,067)					$	(9,270)
Net deferred tax assets			$	28,338					$	31,535

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,
			2022						2021						2020
			(in thousands)
Income tax expense computed at statutory rate			$	9,467					$	12,983					$	27,129
Increases (decreases) resulting from:
State income taxes, net of federal tax benefit			2,625						3,931						4,985
Federal jobs credits			(2,571)						(3,177)						(3,089)
Tax exempt interest			(308)						(324)						(323)
Share-based compensation			1,250						1,072						1,323
Fines and penalties1			4						1,294						20
Other, net			(15)						181						459
Income tax expense			$	10,452					$	15,960					$	30,504

1.For the year ended December 31, 2020, the Company presented less than $0.1 million of fines and penalties within the Other, net caption. Such amounts have been reclassified to the Fines and penalties caption for comparative purposes.

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- Definition

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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

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- Definition

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

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