Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

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)	2022		2021
Deferred tax assets:
Warranty, insurance and other accruals	$	11,446	$	9,764
Equity-based compensation	2,097		1,430
Inventory	9,474		5,033
Operating lease liabilities	15,359		12,900
State taxes	421		335
Net operating loss carryforward	65		65
Deferred charges	2,656		809
Total deferred tax assets	$	41,518	$	30,336
Deferred tax liabilities:
Federal effect of state deferred taxes	$	645	$	373
Depreciation	7,185		6,139
Operating lease right-of-use assets	15,135		12,763
Prepaid expenses	534		810
Total deferred tax liabilities	$	23,499	$	20,085
Net deferred tax asset	$	18,019	$	10,251

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)	2022		2021		2020
Current:
Federal	$	126,752	$	93,869	$	54,634
State	25,560		22,445		12,087
	$	152,312	$	116,314	$	66,721
	Year Ended December 31,
(In thousands)	2022		2021		2020
Deferred:
Federal	$	(6,740)	$	(3,530)	$	2,520
State	(1,027)		(538)		928
	$	(7,767)	$	(4,068)	$	3,448
Total	$	144,545	$	112,246	$	70,169

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)	2022		2021		2020
Federal taxes at statutory rate	$	133,393	$	106,914	$	65,109
State and local taxes – net of federal tax benefit	21,764		17,941		10,761
Equity Compensation	(166)		(2,334)		(1,322)
Federal tax credits	(10,001)		(12,676)		(7,182)
Other	(445)		2,401		2,803
Total	$	144,545	$	112,246	$	70,169