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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expense (Benefit), Continuing Operations | The provision for income taxes consists of the following (in thousands):
| YEARS ENDED DECEMBER 31,
| 2022 |  | 2021 |  | 2020
Current tax expense: |  |  |  |  |
Federal | $ | 17,535 |  |  | $ | 15,617 |  |  | $ | 17,278 |
State | 6,400 |  |  | 5,765 |  |  | 4,119 |
Deferred tax expense | 3,076 |  |  | 2,708 |  |  | (2,224) |
Total Income tax expense | $ | 27,011 |  |  | $ | 24,090 |  |  | $ | 19,173 |
Schedule of Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation | The provision for income taxes shown above varied from the statutory federal income tax rate for those periods as follows:
| YEARS ENDED DECEMBER 31,
| 2022 |  | 2021 |  | 2020
Federal income tax rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of Federal tax effect | 5.4 |  |  | 5.0 |  |  | 5.3 |
Non-deductible compensation and meals and entertainment | 2.5 |  |  | 2.2 |  |  | 1.4 |
Tax credits | (1.2) |  |  | (2.2) |  |  | (1.5) |
Tax benefit from restricted stock vesting | (1.0) |  |  | (2.6) |  |  | (1.5) |
Other | (0.3) |  |  | 0.9 |  |  | 0.8 |
Effective tax rate | 26.4 | % |  | 24.3 | % |  | 25.5 | %
Schedule of Components of Deferred Tax Assets and Liabilities | Deferred tax assets and liabilities are composed of the following (in thousands):
| DECEMBER 31,
| 2022 |  | 2021
Deferred tax assets: |  |  |
Accounts receivable reserves | $ | 901 |  |  | $ | 604 |
Accrued liabilities | 2,855 |  |  | 2,367 |
Deferred compensation obligation | 6,521 |  |  | 5,702 |
Stock-based compensation | 902 |  |  | 715 |
Operating lease liabilities | 5,411 |  |  | 4,704 |
Pension and post-retirement benefit plans | — |  |  | 2,929 |
Deferred payroll taxes | — |  |  | 4,965 |
Other | 8 |  |  | 11 |
Deferred tax assets | 16,598 |  |  | 21,997 |
Deferred tax liabilities: |  |  |
Prepaid expenses | (359) |  |  | (604) |
Fixed assets | (4,694) |  |  | (4,185) |
Goodwill | (2,408) |  |  | (2,413) |
ROU assets for operating leases | (4,397) |  |  | (3,965) |
Partnership basis difference | 46 |  |  | (2,966) |
Other | — |  |  | (207) |
Deferred tax liabilities | (11,812) |  |  | (14,340) |
Valuation allowance | — |  |  | — |
Total Deferred tax assets, net | $ | 4,786 |  |  | $ | 7,657 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
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- 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 https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
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- 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 https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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