INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2024

Income Tax Disclosure [Abstract]

Reconciliation of Tax Provision

A reconciliation between the income tax provision at the U.S. statutory tax rate and the Company’s income tax provision on the condensed consolidated statements of income and comprehensive income is below (in thousands, except for tax rates):

	Three Months Ended March 31,
	2024			2023
Income before income taxes	$	16,884		$	16,647
U.S statutory tax rate	21		%	21		%
Income tax expense at statutory rate	3,546			3,496
State tax expense, net of federal benefit	1,229			1,314
Foreign tax rates different from U.S. statutory rate	19			49
Non-deductible expenses	224			225
Stock compensation	(250)			(208)
Other	10			9
Total income tax provision	$	4,778		$	4,885