INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Components of Income Tax Expense (Benefit)

For the years ended December 31, 2022, 2021 and 2020, income taxes expense consisted of:


	Years Ended December 31,
	2022		2021		2020
			(As Restated)
Current:
Federal	$	130,987	$	104,014	$	29,627
State	36,624		33,084		11,130
Foreign	—		—		—
Total Current:	167,611		137,098		40,757
Deferred:
Federal	$	(47,211)	$	(25,540)	$	1,073
State	(14,930)		(7,570)		466
Foreign	—		—		—
Total Deferred	(62,141)		(33,110)		1,539
Total	$	105,470	$	103,988	$	42,296

Schedule of Effective Income Tax Rate Reconciliation

The difference between the income tax expense for the years ended December 31, 2022, 2021 and 2020 and the expected income taxes based on the statutory rate applied to earnings (loss) arises as follows:


	Years Ended December 31,
	2022			2021			2020
				(As Restated)
Income/(Loss) before Income Taxes	$	(163,403)		$	48,990		$	82,452
Statutory Tax Rate	21		%	21		%	21		%
Expense/(Recovery) based on Statutory Rate	(34,314)			9,965			17,315
Other Permanent Differences	1,068			435			(1,309)
Goodwill Impairment	17,265			—			—
Nondeductible 280E	84,751			59,874			10,663
Penalties and Interest	12,305			5,331			—
Non-controlling Interests	1,319			411			3,506
State Taxes	24,389			25,324			11,277
Book/Tax Basis Acquired Intangibles	—			—			2,445
Prior Year True Ups	4,362			3,068			(1,601)
State Rate Change on Deferred Taxes	(2,531)			—			—
Discrete Items	—			(420)			—
Acquisition Purchase Price Remeasurement	(3,144)			—			—
Income Tax Expense	$	105,470		$	103,988		$	42,296

Schedule of Deferred Tax Assets and Liabilities

At December 31, 2022 and December 31, 2021, the components of deferred tax assets and (liabilities) were as follows:


	Years Ended December 31,
	2022		2021
			(As Restated)
Deferred Tax Assets
Operating Lease Liabilities	$	659	$	515
Loyalty Points	1,046		730
Stock Compensation	873		800
Basis Differences in Goodwill	7,444		—
Leasehold Improvements	2,464		—
Total Deferred Tax Assets	12,486		2,045
Deferred Tax Liabilities
Operating Right of Use Assets	$	(662)	$	(513)
Intangibles	(208,297)		(263,716)
Total Deferred Tax Liabilities	(208,959)		(264,229)
Net Deferred Tax Liabilities	$	(196,473)	$	(262,184)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	2022		2021		2020
Balance at Beginning of Year	$	—	$	—	$	—
Gross increases related to tax positions in a prior period	5,739		—		—
Gross decreases related to tax positions in a prior period	—		—		—
Gross increases related to tax positions in the current period	—		—		—
Gross decreases related to tax positions in the current period	—		—		—
Balance at End of Year	$	5,739	$	—	$	—