Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

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)	2021		2020
Deferred tax assets:
Warranty, insurance and other accruals	$	9,764	$	8,931
Equity-based compensation	1,430		1,537
Inventory	5,033		5,344
Operating lease liabilities	12,900		13,145
State taxes	335		273
Net operating loss carryforward	65		65
Deferred charges	809		—
Total deferred tax assets	$	30,336	$	29,295
Deferred tax liabilities:
Federal effect of state deferred taxes	$	373	$	230
Depreciation	6,139		7,794
Operating lease right-of-use assets	12,763		13,099
Prepaid expenses	810		1,304
Deferred charges	—		685
Total deferred tax liabilities	$	20,085	$	23,112
Net deferred tax asset	$	10,251	$	6,183

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)	2021		2020		2019
Current:
Federal	$	93,869	$	54,634	$	29,602
State	22,445		12,087		4,985
	$	116,314	$	66,721	$	34,587
	Year Ended December 31,
(In thousands)	2021		2020		2019
Deferred:
Federal	$	(3,530)	$	2,520	$	1,490
State	(538)		928		2,361
	$	(4,068)	$	3,448	$	3,851
Total	$	112,246	$	70,169	$	38,438

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)	2021		2020		2019
Federal taxes at statutory rate	$	106,914	$	65,109	$	34,865
State and local taxes – net of federal tax benefit	17,941		10,761		5,981
Equity Compensation	(2,334)		(1,322)		(1,251)
Federal tax credits	(12,676)		(7,182)		(3,493)
Other	2,401		2,803		2,336
Total	$	112,246	$	70,169	$	38,438