Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Income Before Income Taxes

The domestic and foreign components of income before provision for income taxes are as follows for the years ended December 31:

	2021		2020		2019
Domestic	$	97,884	$	68,817	$	87,622
Foreign		2,206		5,856		2,551
Income before income taxes	$	100,090	$	74,673	$	90,173

Income Tax Expense Components

Income tax expense consisted of the following for the years ended December 31:

	2021			2020			2019
Current:
Federal	$	15,961		$	14,645		$	14,123
State		3,494			5,198			5,698
Foreign		687			1,736			1,537
Total current		20,142			21,579			21,358
Deferred:
Federal		4,724			(1,721	)		320
State		4,395			314			(25	)
Foreign		(303	)		(458	)		(418	)
Total deferred		8,816			(1,865	)		(123	)
Income tax expense	$	28,958		$	19,714		$	21,235

Deferred Tax Assets (Liabilities)

Deferred tax assets (liabilities) consisted of the following at December 31:

	2021			2020
Deferred Tax Assets
Allowance for expected credit losses	$	1,825		$	1,687
Accrued paid time off		2,504			2,423
Foreign net operating loss (NOL) carry forward		91			957
State net operating loss (NOL) carry forward		522			714
Stock option compensation		1,680			2,308
Deferred rent		2,566			3,091
Deferred compensation		5,358			4,598
Foreign tax credits		6,677			5,882
State tax credits		1,081			2,108
Foreign exchange		4,014			5,370
Foreign deferred		727			650
Accrued bonus		5,303			4,126
Accrued liabilities and other		6,660			5,701
		39,008			39,615
Less: Valuation Allowance		(7,048	)		(6,839	)
Total Deferred Tax Assets		31,960			32,776
Deferred Tax Liabilities
Retention		(637	)		(1,003	)
Prepaid expenses		(726	)		(1,089	)
Payroll taxes		(544	)		(489	)
Unbilled revenue		(607	)		(1,451	)
Depreciation		(1,920	)		(1,731	)
Amortization		(68,194	)		(60,392	)
Deferred gain and other		(1,245	)		(951	)
Total Deferred Tax Liabilities		(73,873	)		(67,106	)
Total Net Deferred Tax Liability	$	(41,913	)	$	(34,330	)

Unrecognized Tax Benefit Reconciliation

The unrecognized tax benefit reconciliation, excluding penalty and interest, is as follows:

Unrecognized tax benefits at January 1, 2019	$	216
Decrease attributable to tax positions taken during a prior period		(216	)
Unrecognized tax benefits at December 31, 2019		—
Increase attributable to tax positions taken during the current period		811
Unrecognized tax benefits at December 31, 2020		811
Decrease attributable to tax positions taken during the current period		(361	)
Unrecognized tax benefits at December 31, 2021	$	450

Effective Income Tax Rate Reconciliation

The Company’s provision for income taxes differs from the federal statutory rate. The differences between the statutory rate and the Company’s provision are as follows:

	2021			2020			2019
Taxes at statutory rate		21.0	%		21.0	%		21.0	%
State taxes, net of federal benefit		5.6	%		5.6	%		5.3	%
Foreign tax rate differential		0.1	%		0.3	%		0.3	%
Executive compensation		2.1	%		2.4	%		0.6	%
Other permanent differences		(0.4	)%		0.1	%		0.7	%
Prior year tax adjustments		1.5	%		(1.1	)%		(1.0	)%
Unrecognized tax benefits		(0.5	)%		1.0	%		(0.2	)%
Valuation allowance		1.3	%		1.6	%		1.1	%
Equity-based compensation		(1.0	)%		(3.8	)%		(3.6	)%
Tax credits		(0.8	)%		(0.7	)%		(0.6	)%
Taxes at effective rate		28.9	%		26.4	%		23.6	%