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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Provision for Income Taxes | The following table summarizes the provision for income taxes:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
| (amounts in thousands)
Current: |  |  |  |  |
Federal | $ | 12,275 |  |  | $ | 13,728 |  |  | $ | 3,022 |
State | 4,139 |  |  | 5,762 |  |  | 2,381 |
| $ | 16,414 |  |  | $ | 19,490 |  |  | $ | 5,403 |
Deferred: |  |  |  |  |
Federal | $ | (2,304) |  |  | $ | (4,183) |  |  | $ | 4,163 |
State | (640) |  |  | (637) |  |  | 744 |
| $ | (2,944) |  |  | $ | (4,820) |  |  | $ | 4,907 |
Tax provision | $ | 13,470 |  |  | $ | 14,670 |  |  | $ | 10,310 |
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,
| 2024 |  | 2023
| (in thousands)
Deferred tax assets: |  |  |
Allowance for doubtful accounts | $ | 25,138 |  |  | $ | 22,788 |
Deferred compensation | 9,159 |  |  | 9,048 |
Accrued insurance claims | 5,277 |  |  | 5,580 |
Non-deductible reserves | 497 |  |  | 169 |
Lease liabilities | 4,214 |  |  | 4,765 |
Share based compensation | 3,312 |  |  | 2,988 |
Other | 3,275 |  |  | 2,418 |
| $ | 50,872 |  |  | $ | 47,756 |
Deferred tax liabilities: |  |  |
Expensing of housekeeping supplies | $ | (2,174) |  |  | $ | (2,351) |
Amortization of goodwill and intangibles | (3,861) |  |  | (3,000) |
Depreciation of property and equipment | (1,664) |  |  | (1,688) |
Lease right-of-use assets | (4,048) |  |  | (4,571) |
Other | (955) |  |  | (920) |
| $ | (12,702) |  |  | $ | (12,530) |
Net deferred tax assets | $ | 38,170 |  |  | $ | 35,226 |
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,
| 2024 |  | 2023 |  | 2022
| (in thousands)
Income tax expense computed at statutory rate | $ | 11,118 |  |  | $ | 11,182 |  |  | $ | 9,356 |
Increases (decreases) resulting from: |  |  |  |  |
State income taxes, net of federal tax benefit | 2,631 |  |  | 4,153 |  |  | 2,594 |
Federal jobs credits | (1,914) |  |  | (2,014) |  |  | (2,571) |
Tax exempt interest | (306) |  |  | (348) |  |  | (308) |
Share-based compensation | 1,722 |  |  | 1,610 |  |  | 1,250 |
Fines and penalties | 18 |  |  | 55 |  |  | 4 |
Other, net | 201 |  |  | 32 |  |  | (15) |
Income tax expense | $ | 13,470 |  |  | $ | 14,670 |  |  | $ | 10,310 |

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