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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Provision for Income Taxes | The following table summarizes the provision for income taxes:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
| (amounts in thousands)
Current: |  |  |  |  |
Federal | $ | 13,728 |  |  | $ | 3,022 |  |  | $ | 9,120 |
State | 5,762 |  |  | 2,381 |  |  | 3,766 |
| $ | 19,490 |  |  | $ | 5,403 |  |  | $ | 12,886 |
Deferred: |  |  |  |  |
Federal | $ | (4,183) |  |  | $ | 4,163 |  |  | $ | 3,127 |
State | (637) |  |  | 744 |  |  | 956 |
| $ | (4,820) |  |  | $ | 4,907 |  |  | $ | 4,083 |
Tax provision | $ | 14,670 |  |  | $ | 10,310 |  |  | $ | 16,969 |
Schedule of 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,
| 2023 |  | 2022
| (in thousands)
Deferred tax assets: |  |  |
Allowance for doubtful accounts | $ | 22,788 |  |  | $ | 18,139 |
Deferred compensation | 9,048 |  |  | 8,686 |
Accrued insurance claims | 5,580 |  |  | 5,609 |
Non-deductible reserves | 169 |  |  | 256 |
Lease liabilities | 4,765 |  |  | 5,709 |
Share based compensation | 2,988 |  |  | 2,142 |
Other | 2,418 |  |  | 2,848 |
| $ | 47,756 |  |  | $ | 43,389 |
Deferred tax liabilities: |  |  |
Expensing of housekeeping supplies | $ | (2,351) |  |  | $ | (2,510) |
Amortization of goodwill and intangibles | (3,000) |  |  | (2,389) |
Depreciation of property and equipment | (1,688) |  |  | (1,769) |
Lease right-of-use assets | (4,571) |  |  | (5,482) |
Other | (920) |  |  | (399) |
| $ | (12,530) |  |  | $ | (12,549) |
Net deferred tax assets | $ | 35,226 |  |  | $ | 30,840 |
Schedule of 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,
| 2023 |  | 2022 |  | 2021
| (in thousands)
Income tax expense computed at statutory rate | $ | 11,182 |  |  | $ | 9,356 |  |  | $ | 13,758 |
Increases (decreases) resulting from: |  |  |  |  |
State income taxes, net of federal tax benefit | 4,153 |  |  | 2,594 |  |  | 4,165 |
Federal jobs credits | (2,014) |  |  | (2,571) |  |  | (3,177) |
Tax exempt interest | (348) |  |  | (308) |  |  | (324) |
Share-based compensation | 1,610 |  |  | 1,250 |  |  | 1,072 |
Fines and penalties | 55 |  |  | 4 |  |  | 1,294 |
Other, net | 32 |  |  | (15) |  |  | 181 |
Income tax expense | $ | 14,670 |  |  | $ | 10,310 |  |  | $ | 16,969 |

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