Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The components of earnings before income taxes consisted of the following for the years ended December 31:

(In thousands)	2016		2015		2014
United States	$	196,827	$	113,280	$	95,057
Foreign	2,345		1,089		—
Total earnings before income taxes	$	199,172	$	114,369	$	95,057

Schedule of Provisions of Income Taxes

The provision for income taxes in the Consolidated Statements of Income was as follows for the years ended December 31:

(In thousands)	2016			2015		2014
Current:
Federal	$	61,073		$	31,132	$	32,142
State and local	10,560			7,670		6,142
Foreign	466			160		—
Total current provision	72,099			38,962		38,284
Deferred:
Federal	(2,506		)	466		(4,545		)
State and local	(110		)	596		(948		)
Foreign	18			—		—
Total deferred provision	(2,598		)	1,062		(5,493		)
Provision for income taxes	$	69,501		$	40,024	$	32,791

Schedule of Income Tax Reconciliation

The provision for income taxes differs from the amount computed by applying the federal statutory rate to income before income taxes for the following reasons for the years ended December 31:

(In thousands)	2016			2015			2014
Income tax at federal statutory rate	$	69,710		$	40,029		$	33,270
State income tax, net of federal income tax impact	6,480			4,386			3,376
Foreign tax rate differential	(614		)	(82		)	—
Manufacturing credit pursuant to Jobs Creation Act	(5,067		)	(2,336		)	(2,258		)
Federal tax credits	(1,736		)	(919		)	(681		)
Other	728			(1,054		)	(916		)
Provision for income taxes	$	69,501		$	40,024		$	32,791

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities were as follows at December 31:

(In thousands)	2016			2015
Deferred tax assets:
Goodwill and other intangible assets	$	10,952		$	11,879
Stock-based compensation	7,550			7,428
Deferred compensation	5,184			5,310
Warranty	11,679			8,809
Inventory	6,572			5,974
Other	5,000			4,922
Total deferred tax assets	46,937			44,322
Deferred tax liabilities:
Fixed assets	(14,948		)	(14,931		)
Net deferred tax assets	$	31,989		$	29,391

Schedule of Unrecognized Tax Benefits

The following table reconciles the total amounts of unrecognized tax benefits, at December 31:

(In thousands)	2016			2015			2014
Balance at beginning of period	$	2,854		$	1,526		$	1,369
Changes in tax positions of prior years	214			912			84
Additions based on tax positions related to the current year	1,252			866			603
Payments	—			(85		)	—
Closure of tax years	(573		)	(365		)	(530		)
Balance at end of period	$	3,747		$	2,854		$	1,526