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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 consisted of the following (in thousands): 

			Years Ended December 31,
			2020						2021						2022
Current:
U. S. federal provision			$	1,778					$	8,848					$	9,490
State provision			2,177						2,989						3,287
Total current provision			$	3,955					$	11,837					$	12,777
Deferred:
U. S. federal provision (benefit)			$	3,994					$	(452)					$	1,723
State provision (benefit)			603						(240)						1,313
Total deferred provision (benefit)			$	4,597					$	(692)					$	3,036
Total income tax provision			$	8,552					$	11,145					$	15,813

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income taxes calculated at the U.S. federal statutory rate to those reflected in the Consolidated Statements of Operations is as follows (dollars in thousands): 

			Years Ended December 31,
			2020												2021												2022
			Amount						Percent						Amount						Percent						Amount						Percent
Federal statutory rate			$	5,175					21.0			%			$	9,304					21.0			%			$	12,000					21.0			%
Effect of state income taxes, net of federal benefit			2,080						8.4						2,180						4.9						3,630						6.3
Effect of non-deductible expenses and other, net			460						1.9						(423)						(1.0)						59						0.1
Effect of divestitures and impairment of businesses			846						3.4						103						0.2						138						0.2
Change in valuation allowance, net of federal benefit			(9)						—						(19)						—						(14)						—
Total			$	8,552					34.7			%			$	11,145					25.1			%			$	15,813					27.6			%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences from total operations that give rise to significant deferred tax assets and liabilities are as follows (in thousands):

			Years Ended December 31,
			2021						2022
Deferred income tax assets:
Net operating loss carryforwards			$	1,268					$	839
Interest expense limitation			2,777						3,506
Tax credit carryforwards			88						75
State depreciation			1,195						1,297
Accrued and other liabilities			7,552						8,606
Amortization of non-compete agreements			1,172						1,213
Prepaid assets			616						—
Total deferred income tax assets			14,668						15,536
Less valuation allowance			(198)						(181)
Total deferred income tax assets			$	14,470					$	15,355
Deferred income tax liabilities:
Depreciation and amortization			$	(56,030)					$	(61,432)
Preneed liabilities			(4,224)						(2,582)
Prepaid assets			—						(161)
Total deferred income tax liabilities			(60,254)						(64,175)
Total net deferred tax liabilities			$	(45,784)					$	(48,820)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

			Years Ended December 31,
			2020						2021						2022
Unrecognized tax benefit at beginning of year			$	691					$	3,656					$	3,761
Gross decreases - tax positions in prior period			(691)						—						(533)
Gross increases - tax positions in current period			3,656						105						66
Unrecognized tax benefit at end of year			$	3,656					$	3,761					$	3,294

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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 the change in unrecognized tax benefits.

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