Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

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)	2018		2017
Deferred tax assets:
Warranty, insurance and other accruals	$	8,218	$	8,078
Equity-based compensation	4,096		3,250
Inventory	4,441		4,720
State taxes	185		160
Net operating loss carryforward	3,240		6,193
Deferred charges	—		506
Total deferred tax assets	$	20,180	$	22,907

Deferred tax liabilities:
Federal effect of state deferred taxes	$	1,079	$	1,777
Depreciation	4,801		2,382
Prepaid expenses	285		310
Other	533		—
Total deferred tax liabilities	$	6,698	$	4,469

Net deferred tax asset	$	13,482	$	18,438

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)	2018		2017		2016
Current:
Federal	$	24,408	$	33,392	$	1,745
State	4,261		2,414		2,120
	$	28,669	$	35,806	$	3,865

	Year Ended December 31,
(In thousands)	2018		2017		2016
Deferred:
Federal	$	2,333	$	11,916	$	28,335
State	2,624		521		2,976
	$	4,957	$	12,437	$	31,311
Total	$	33,626	$	48,243	$	35,176

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)	2018			2017			2016
Federal taxes at statutory rate	$	29,671		$	42,113		$	32,125
State and local taxes – net of federal tax benefit	5,636			3,420			3,652
Change in state NOL deferred asset – net of federal tax benefit	—			—			729
Deferred tax asset re-measurement as a result of 2017 Tax Act	—			6,520			—
Equity Compensation	(254		)	(1,368		)	—
Manufacturing deduction	—			(3,262		)	(1,298		)
Federal tax credits	(2,817		)	—			—
Other	1,390			820			(32		)
Total	$	33,626		$	48,243		$	35,176