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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The consolidated income (loss) before income taxes for 2021, 2020, and 2019 consists of the following (in thousands):

			Years Ended December 31,
			2021						2020						2019
Domestic			$	5,426					$	(110,049)					$	116,886
Foreign			(4,136)						835						845
Total income (loss) before income taxes			$	1,290					$	(109,214)					$	117,731

Schedule of Components of Income Tax Expense (Benefit)

The consolidated income tax expense (benefit) for 2021, 2020, and 2019 consists of the following components (in thousands):

			Years Ended December 31,
			2021						2020						2019
Current
Federal			$	8,449					$	(15,190)					$	18,167
State			(1,098)						(2,072)						6,233
Foreign			922						444						336
			8,273						(16,818)						24,736
Deferred
Federal			(9,423)						7,918						2,760
State			1,310						(2,959)						620
Foreign			(34)						57						40
			(8,147)						5,016						3,420
Total consolidated expense (benefit)			$	126					$	(11,802)					$	28,156

Schedule of Effective Income Tax Rate Reconciliation

The following table provides a reconciliation of differences from the U.S. Federal statutory rates as follows (in thousands):

			Years Ended December 31,
			2021						2020						2019
Pretax book income (loss)			$	1,290					$	(109,214)					$	117,731
Federal tax expense (benefit) at applicable statutory rate			271						(22,935)						24,723
State and local income taxes (net of federal benefit)			212						(4,948)						5,513
Rate differential			—						(5,004)						—
Impairment and divestiture			870						20,111						—
Tax credits			(2,065)						—						(3,301)
Nondeductible officer compensation			390						490						—
Compensation expense			964						1,070						1,317
Other			(516)						(586)						(96)
Total income tax expense (benefit)			$	126					$	(11,802)					$	28,156

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax assets and deferred tax liabilities as of December 31, 2021 and 2020 were as follows (in thousands):

			December 31,
			2021						2020
Deferred tax assets
Tax credits and loss carryforwards			$	800					$	2,518
Accrued liabilities			5,764						6,415
Incentive compensation			8,012						9,202
Other			6,098						328
			20,674						18,463
Deferred tax liabilities
Property, plant and equipment			(22,344)						(22,355)
Intangibles			(28,748)						(40,043)
Other			(4,364)						(1,822)
			(55,456)						(64,220)
Net deferred tax liability before valuation allowances and reserves			(34,782)						(45,757)
Valuation allowances			(1,237)						(1,020)
Net deferred tax liability			$	(36,019)					$	(46,777)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties, was as follows (in thousands) and all balances as of December 31, 2021 were included in either Other noncurrent liabilities or Deferred income taxes in the Company’s Consolidated Balance Sheets:

			Unrecognized Tax Benefits
Balance at January 1, 2020			$	1,422
Increase in prior year tax positions			84
Balance at December 31, 2020			1,506
Increase in prior year tax positions			8
Balance at December 31, 2021			$	1,514

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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 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 income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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