Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Taxes

Significant components of the Companys deferred tax liabilities and assets

	December 31,
	2021		2020
	(In thousands)
Deferred tax liabilities:
Property and equipment	$	4,242	$	4,802
Intangible assets		21,425		20,442
Prepaid expenses		405		426
Total deferred tax liabilities		26,072		25,670
Deferred tax assets:
Allowance for doubtful accounts		43		89
Compensation		1,093		824
Other accrued liabilities		134		150
		1,270		1,063
Less: valuation allowance		—		—
Total net deferred tax assets		1,270		1,063
Net deferred tax liabilities	$	24,802	$	24,607
Current portion of deferred tax assets	$	361	$	150
Non-current portion of deferred tax liabilities		(25,163)		(24,757)
Net deferred tax liabilities	$	(24,802)	$	(24,607)

Significant components of the provision for income taxes

The significant components of the provision for income taxes are as follows:

	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Current:
Federal	$	3,080	$	850	$	2,900
State		985		400		1,100
Total current		4,065		1,250		4,000
Total deferred		195		(545)		1,420
Total Income Tax Provision	$	4,260	$	705	$	5,420

Reconciliation of income tax

The reconciliation of income tax at the U.S. federal statutory tax rates to income tax expense (benefit) is as follows:

	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Tax expense (benefit) at U.S. statutory rates	$	3,209	$	(290)	$	3,976
State tax expense, net of federal benefit		815		235		1,079
Other, net		236		760		365
	$	4,260	$	705	$	5,420