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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense (Benefit), Continuing Operations

The provision for income taxes consists of the following:

			YEARS ENDED DECEMBER 31,
(in thousands)			2024						2023						2022
Current tax expense:
Federal			$	14,067					$	16,530					$	17,535
State			5,014						5,998						6,400
Deferred tax expense			(1,871)						1,647						3,076
Total Income tax expense			$	17,210					$	24,175					$	27,011

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 as follows:

			YEARS ENDED DECEMBER 31,
			2024						2023						2022
Federal income tax rate			21.0		%				21.0		%				21.0		%
State income taxes, net of Federal tax effect			5.6						6.0						5.4
Non-deductible compensation and meals and entertainment			1.8						2.3						2.5
Tax credits			(1.5)						(0.8)						(1.2)
Tax benefit from restricted stock vesting			(0.3)						(0.8)						(1.0)
Other			(1.2)						0.7						(0.3)
Effective tax rate			25.4		%				28.4		%				26.4		%

Schedule of Components of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities are composed of the following:

			DECEMBER 31,
(in thousands)			2024						2023
Deferred tax assets:
Deferred compensation obligation			$	6,549					$	6,616
Operating lease liabilities			3,923						4,071
Research and development			2,027						—
Stock-based compensation			1,561						1,475
Accrued liabilities			995						1,345
Accounts receivable reserves			399						382
Other			8						8
Deferred tax assets			15,462						13,897
Deferred tax liabilities:
Fixed assets			(3,700)						(4,307)
ROU assets for operating leases			(3,512)						(3,684)
Goodwill			(2,291)						(2,401)
Prepaid expenses			(513)						(367)
Other			(437)						—
Deferred tax liabilities			(10,453)						(10,759)
Valuation allowance			—						—
Total Deferred tax assets, net			$	5,009					$	3,138

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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.

+ 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

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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.

+ 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

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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.

+ 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

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