XML 52 R33.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Income Tax Disclosure [Abstract] |
(Benefit) Provision for Income Taxes | (Benefit) provision for income taxes are as follows:
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (In Thousands) |
Current: |  |  |  |  |  |  |  |  |
Federal |  | $ | — |  |  | $ | — |  |  | $ | — |
State |  |  | 261 |  |  |  | 607 |  |  |  | 2,320 |
Total Current |  | $ | 261 |  |  | $ | 607 |  |  | $ | 2,320 |
Deferred: |  |  |  |  |  |  |  |  |
Federal |  | $ | (4,908 | ) |  | $ | 7,767 |  |  | $ | 43,217 |
State |  |  | (2,037 | ) |  |  | (2,401 | ) |  |  | (6,363 | )
Total Deferred |  | $ | (6,945 | ) |  | $ | 5,366 |  |  | $ | 36,854 |
(Benefit) provision for income taxes |  | $ | (6,684 | ) |  | $ | 5,973 |  |  | $ | 39,174 |
Schedule of Deferred Tax Assets and Liabilities | Deferred tax assets and liabilities include temporary differences and carryforwards as follows:
|  | December 31, |
|  | 2024 |  |  | 2023 |
|  | (In Thousands) |
Deferred compensation |  | $ | 3,242 |  |  | $ | 2,515 |
Other accrued liabilities |  |  | 168 |  |  |  | 283 |
Lease liability |  |  | 6,747 |  |  |  | 5,941 |
Interest expense carryforward |  |  | 12,692 |  |  |  | 14,375 |
Net operating loss |  |  | 66,321 |  |  |  | 73,891 |
Other |  |  | 12,663 |  |  |  | 11,649 |
Less valuation allowance on deferred tax assets |  |  | (14,238 | ) |  |  | (15,175 | )
Total deferred tax assets |  | $ | 87,595 |  |  | $ | 93,479 |
Property, plant and equipment |  |  | (139,524 | ) |  |  | (152,802 | )
Right-of-use-assets |  |  | (6,731 | ) |  |  | (5,937 | )
Prepaid and other insurance reserves |  |  | (3,248 | ) |  |  | (3,593 | )
Total deferred tax liabilities |  | $ | (149,503 | ) |  | $ | (162,332 | )
Net deferred tax liabilities |  | $ | (61,908 | ) |  | $ | (68,853 | )
Income (Loss) before Provision (Benefit) for Income Taxes | All of our income (loss) before taxes relates to domestic operations. Detailed below are the differences between the amount of the provision (benefit) for income taxes and the amount which would result from the application of the federal statutory rate to “Income (loss) before benefit for income taxes.”
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (In Thousands) |
Provision (benefit) for income taxes at federal statutory rate |  | $ | (5,468 | ) |  | $ | 7,118 |  |  | $ | 56,543 |
State current and deferred income tax provision (benefit) |  |  | (1,165 | ) |  |  | 1,238 |  |  |  | 9,374 |
Valuation allowance - Federal |  |  | — |  |  |  | — |  |  |  | (12,701 | )
Valuation allowance - State |  |  | (937 | ) |  |  | 259 |  |  |  | (19,351 | )
State tax rate changes |  |  | 550 |  |  |  | (3,499 | ) |  |  | 2,824 |
Other |  |  | 336 |  |  |  | 857 |  |  |  | 2,485 |
Provision (benefit) for income taxes |  | $ | (6,684 | ) |  | $ | 5,973 |  |  | $ | 39,174 |
Reconciliation of Beginning and Ending Amount of Uncertain Tax Positions | A reconciliation of the beginning and ending amount of uncertain tax positions is as follows:
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (In Thousands) |
Balance at beginning of year |  | $ | — |  |  | $ | — |  |  | $ | — |
Additions based on tax positions related to the current year |  |  | — |  |  |  | — |  |  |  | — |
Reductions for tax positions of prior years |  |  | — |  |  |  | — |  |  |  | — |
Balance at end of year |  | $ | — |  |  | $ | — |  |  | $ | — |

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 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
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
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://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + 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://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + 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 the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration