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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes by location of the taxing jurisdiction for the years ended December 31, 2022, 2021 and 2020 consisted of the following:

			2022						2021						2020
Current:
Federal			$	46,999					$	29,533					$	11,914
State			12,962						7,918						3,907
			59,961						37,451						15,821
Deferred:
Federal			6,317						209						922
State			1,369						1,212						(150)
			7,686						1,421						772
			$	67,647					$	38,872					$	16,593

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income taxes computed at the U.S. federal statutory income tax rate (21.0% for 2022, 2021 and 2020) to the provision for income taxes reflected in the Company’s Consolidated Statements of Comprehensive Income for the years ended December 31, 2022, 2021 and 2020 is as follows:

			2022						2021						2020
Tax expense at the statutory rate			$	54,776					$	32,542					$	14,566
State income taxes, net of federal income tax benefit			11,035						7,448						2,602
Share-based compensation			(840)						(933)						(298)
Other permanent differences			(30)						31						48
Non-deductible compensation			1,435						293						751
Change in income tax contingency reserves			—						(260)						(400)
Federal income tax credits			(107)						(76)						(37)
Other			1,378						(173)						(639)
			$	67,647					$	38,872					$	16,593

Significant Components of Deferred Tax Assets and Liabilities

The significant components of the deferred tax assets and liabilities at December 31, 2022 and 2021 were as follows:

			December 31, 2022						December 31, 2021
Deferred tax assets:
Accrued expenses			$	13,743					$	14,837
Allowance for doubtful accounts			822						839
Operating lease liabilities			37,599						37,967
Share-based compensation			4,458						3,769
Accruals for income tax contingencies			141						154
Capital loss carryforwards			4,253						4,230
Net operating loss carryforwards			645						647
Total gross deferred tax assets			61,661						62,443
Valuation allowance			(4,648)						(4,625)
Total net deferred tax assets			57,013						57,818
Deferred tax liabilities:
Tax over book depreciation			32,888						27,880
Prepaid expenses			6,600						5,615
Operating lease right-of-use assets			36,600						38,010
Goodwill			23,681						20,502
Intangible assets			8,337						9,218
Total deferred tax liabilities			108,106						101,225
Net deferred tax liabilities			$	(51,093)					$	(43,407)

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits as of and during the years ended December 31, 2022 and 2021 is as follows:

Balance at December 31, 2020			$	544
Reductions for settlement with state taxing authorities			(326)
Additions for tax positions of current year			23
Balance at December 31, 2021			241
Reductions for settlement with state taxing authorities			(66)
Additions for tax positions of current year			23
Balance at December 31, 2022			$	198

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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.

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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.

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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.

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Tabular disclosure of unrecognized tax benefits for which a material change is reasonably possible in the next twelve months, typically including the nature of the uncertainty, the event(s) that could cause a material change, and an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made. An unrecognized tax benefit is the difference between a tax position taken in a tax return and the amounts recognized in the financial statements for which it is more likely than not, based on the technical merits of the position, that the tax position will not be sustained upon examination.

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