Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of the significant temporary differences that comprise the deferred tax assets and liabilities are as follows:



	December 31,
(In thousands)	2017		2016
Deferred tax assets:
Warranty, insurance and other accruals	$	8,078	$	12,738
Equity-based compensation	3,250		5,482
Inventory	4,720		8,223
State taxes	160		219
Net operating loss carryforward	6,193		8,483
Deferred charges	506		1,812
Total deferred tax assets	$	22,907	$	36,957

Deferred tax liabilities:
Federal effect of state deferred taxes	$	1,777	$	3,879
Depreciation	2,382		1,947
Prepaid expenses	310		256
Total deferred tax liabilities	$	4,469	$	6,082

Net deferred tax asset	$	18,438	$	30,875

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision from income taxes consists of the following:



	Year Ended December 31,
(In thousands)	2017		2016		2015
Current:
Federal	$	33,392	$	1,745	$	1,757
State	2,414		2,120		883
	$	35,806	$	3,865	$	2,640

	Year Ended December 31,
(In thousands)	2017		2016		2015
Deferred:
Federal	$	11,916	$	28,335	$	28,760
State	521		2,976		3,766
	$	12,437	$	31,311	$	32,526
Total	$	48,243	$	35,176	$	35,166

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Reconciliation of the differences between income taxes computed at the federal statutory tax rate and consolidated benefit from income taxes are as follows:



	Year Ended December 31,
(In thousands)	2017			2016			2015
Federal taxes at statutory rate	$	42,113		$	32,125		$	30,425
State and local taxes – net of federal tax benefit	3,420			3,652			2,820
Change in state NOL deferred asset – net of federal tax benefit	—			729			1,548
Deferred tax asset re-measurement as a result of Tax Act	6,520			—			—
Equity Compensation	(1,368		)	—			—
Manufacturing deduction	(3,262		)	(1,298		)	—
Other	820			(32		)	373
Total	$	48,243		$	35,176		$	35,166