XML 52 R40.htm IDEA: XBRL DOCUMENT v3.22.0.1

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Federal and State Income Tax Provision

The federal and state income tax provision consisted of the following:

Year ended December 31,			2021								2020								2019
			Current				Deferred				Current				Deferred				Current				Deferred
Federal		$	42,422			$	863			$	20,201			$	3,696			$	10,705			$	(1,911	)
State			7,279				131				6,519				167				2,455				(513	)
		$	49,701			$	994			$	26,720			$	3,863			$	13,160			$	(2,424	)

Schedule of Effective Income Tax Rate Reconciliation

The effective income tax rate varied from the statutory federal income tax rate as follows:

Year ended December 31,			2021				2020				2019
Statutory federal income tax rate			21.0	%			21.0	%			21.0	%
State income taxes, net of federal tax benefit			3.4				4.4				3.6
Other items			0.1				(0.1	)			0.4
Effective income tax rate			24.5	%			25.3	%			25.0	%

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities are as follows:

December 31,		2021				2020
Deferred tax assets
Product Liability		$	224			$	285
Employee compensation and benefits			2,643				2,548
Allowances for doubtful accounts and discounts			418				445
Inventories			1,224				954
Stock-based compensation			1,538				3,353
Other			1,538				1,443
Total deferred tax assets			7,585				9,028
Deferred tax liabilities:
Depreciation			6,235				6,638
Other			814				860
Total deferred tax liabilities			7,049				7,498
Net deferred tax assets		$	536			$	1,530

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration