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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2025
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense | The Company recognized income tax expense of $20.7 million, $18.4 million and $20.1 million during the years ended December 31, 2025, 2024 and 2023, respectively, which consists of the following (in thousands):
| 2025 |  | 2024 |  | 2023
Current provision |  |  |  |  |
Federal | $ | 4,682 |  |  | $ | 14,700 |  |  | $ | 5,390 |
State | 2,635 |  |  | 6,126 |  |  | 7,385 |
Total current provision | 7,317 |  |  | 20,826 |  |  | 12,775 |
Deferred provision |  |  |  |  |
Federal | 11,262 |  |  | (3,244) |  |  | 10,278 |
State | 2,080 |  |  | 856 |  |  | (2,932) |
Total deferred provision | 13,342 |  |  | (2,388) |  |  | 7,346 |
Total Provision |  |  |  |  |
Federal | $ | 15,944 |  |  | $ | 11,456 |  |  | $ | 15,668 |
State | $ | 4,715 |  |  | $ | 6,982 |  |  | $ | 4,453 |
Total income tax expense | $ | 20,659 |  |  | $ | 18,438 |  |  | $ | 20,121 |
Schedule of Reconciliation of Expected Income Taxes | A reconciliation of the “expected” income taxes computed by applying the federal statutory income tax rate to the total expense is presented in the tables below in dollars (in thousands) and percentages:
| 2025 |  | 2024 |  | 2023
Computed “expected” tax expense | $ | 15,106 |  |  | $ | 11,283 |  |  | $ | 13,802 |
Federal |  |  |  |  |
Tax credits | (327) |  |  | (153) |  |  | (281) |
Nontaxable and nondeductible items: |  |  |  |  |
Change in fair value of contingent earnout shares | 120 |  |  | 268 |  |  | 1,793 |
Stock-based compensation | (87) |  |  | 212 |  |  | 720 |
Other nontaxable and nondeductible items | 1,241 |  |  | 1,025 |  |  | 821 |
Other | 446 |  |  | 108 |  |  | 364 |
State income taxes, net of federal benefit | 4,160 |  |  | 5,695 |  |  | 2,902 |
Total income tax expense | $ | 20,659 |  |  | $ | 18,438 |  |  | $ | 20,121 |
| 2025 |  | 2024 |  | 2023
Computed “expected” tax expense | 21.00% |  | 21.00% |  | 21.00%
Federal |  |  |  |  |
Tax credits | (0.45)% |  | (0.28)% |  | (0.43)%
Nontaxable and nondeductible items: |  |  |  |  |
Change in fair value of contingent earnout shares | 0.17% |  | 0.50% |  | 2.73%
Stock-based compensation | (0.12)% |  | 0.39% |  | 1.10%
Other nontaxable and nondeductible items | 1.73% |  | 1.91% |  | 1.25%
Other | 0.61% |  | 0.20% |  | 0.54%
State income taxes, net of federal benefit | 5.78% |  | 10.60% |  | 4.42%
Total income tax expense | 28.72% |  | 34.32% |  | 30.61%
Schedule of Supplemental Cash Flow Information | The Company’s cash payments for income taxes, net of refunds, by tax jurisdiction were as follows (in thousands):
| 2025 |  | 2024 |  | 2023
Cash payments for income taxes, net of refunds |  |  |  |  |
Federal | 12,001 |  |  | $ | 14,805 |  |  | $ | 4,015 |
Illinois | 2,930 |  |  | 6,842 |  |  | 6,864 |
Other States | 610 |  |  | 659 |  |  | 862 |
Total | $ | 15,541 |  |  | $ | 22,306 |  |  | $ | 11,741 |
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary differences that gave rise to significant portions of the deferred tax assets and liabilities were as follows as of December 31 (in thousands):
| 2025 |  | 2024
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 7,926 |  |  | $ | 7,964 |
Interest expense limitation carryforward | 5,415 |  |  | 10,765 |
Stock-based compensation | 5,460 |  |  | 4,452 |
Lease liabilities | 2,220 |  |  | 2,397 |
Other | 2,150 |  |  | 5,625 |
| 23,171 |  |  | 31,203 |
Deferred tax liabilities: |  |  |
Property and equipment | 64,081 |  |  | 58,471 |
Location contracts and other intangibles | 14,589 |  |  | 15,282 |
Lease assets | 2,103 |  |  | 2,294 |
Interest rate caplets | 96 |  |  | 1,585 |
Other | 1,532 |  |  | 943 |
| 82,401 |  |  | 78,575 |
Total deferred tax liability, net | $ | 59,230 |  |  | $ | 47,372 |
Schedule of Carryforwards of Net Operating Losses | The following table summarizes carryforwards of net operating losses as of December 31 (in thousands):
| 2025 |  | 2024
| Amount |  | Expiration |  | Amount |  | Expiration
State net operating losses | 105,610 |  |  | 2043 |  | 106,110 |  |  | 2042

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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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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