Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Income (loss) Before Income Taxes and Equity Income

The United States and foreign components of income before income taxes and equity in earnings in affiliates are as follows:

	2024		2023		2022
	(In thousands)
Income before income taxes and equity in earnings in affiliates
United States	$	22,723	$	125,495	$	205,360
Foreign		15,871		12,553		24,460
Income before income taxes and equity in earnings in affiliates	$	38,594	$	138,048	$	229,820

Schedule of Provision for Income Taxes

The provision for income taxes consists of the following components:

	2024			2023			2022
	(In thousands)
Federal income taxes (benefit):
Current	$	(2,253	)	$	23,107		$	25,699
Deferred		3,913			1,256			17,328
		1,660			24,363			43,027
State income taxes (benefit):
Current		3,952			6,139			10,422
Deferred		(1,406	)		766			3,960
		2,546			6,905			14,382
Foreign income taxes (benefit):
Current		6,165			4,677			39,904
Deferred		(970	)		(546	)		(34,414	)
		5,195			4,131			5,490
Total U.S. and foreign provision for income taxes	$	9,401		$	35,399		$	62,899

Reconciliation of the Statutory U.S. Federal Tax Rate (21%) and the Effective Income Tax Rate

A reconciliation of the statutory U.S. federal tax rate of 21% and the effective income tax rate is as follows:

	2024			2023			2022
	(In thousands)
Provisions using statutory federal income tax rate	$	8,105		$	28,990		$	48,262
State income taxes, net of federal tax benefit		2,291			8,221			12,738
Change in valuation allowance		(24	)		(3,292	)		(242	)
Federal tax credits		(1,507	)		(1,733	)		(1,742	)
Effect of tax rate differential in foreign jurisdictions		1,412			1,137			1,932
Tax impact of vested equity compensation		192			2,879			5,839
Asset divestiture		(921	)		(1,529	)		(5,596	)
Interest deduction on equity issued (convertible debt)		(3,503	)		—			—
Political contributions		1,090			629			713
Change in cash surrender value - COLI		(1,300	)		(1,158	)		1,188
Disallowed executive compensation - non-equity		1,174			1,444			711
Other, net		2,392			(189	)		(904	)
Total provision for income taxes	$	9,401		$	35,399		$	62,899

Schedule of Deferred Tax Assets and Liabilities

The following table presents the breakdown between non-current net deferred tax assets as classified on the balance sheets as of December 31, 2024 and 2023:

	2024			2023
	(In thousands)
Deferred tax assets - non-current	$	9,522		$	8,551
Deferred tax liabilities - non-current		(78,198	)		(77,369	)
Total net deferred tax liabilities	$	(68,676	)	$	(68,818	)

The significant components of the Company's deferred tax assets and liabilities consisted of the following as of December 31, 2024 and 2023:

	2024			2023
Deferred tax assets:	(In thousands)
Net operating losses	$	18,750		$	16,492
Accrued liabilities		12,907			20,408
Deferred compensation		17,974			16,812
Accrued compensation		8,595			9,485
Deferred revenue		1,071			1,446
Tax credits		2,264			3,376
Equity awards		3,797			3,537
Operating lease liability		24,809			26,627
Other, net		5,579			884
Valuation allowance		(19,331	)		(19,105	)
Total deferred tax assets	$	76,415		$	79,962
Deferred tax liabilities:
Depreciation	$	(79,352	)	$	(81,949	)
Intangible assets		(41,838	)		(41,329	)
Other, net		(17	)		(16	)
Lease right-of-use assets		(23,884	)		(25,486	)
Total deferred tax liabilities	$	(145,091	)	$	(148,780	)
Total net deferred tax assets (liabilities)	$	(68,676	)	$	(68,818	)

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	2024			2023			2022
	(In thousands)
Balance at Beginning of Period	$	1,538		$	1,520		$	1,105
Additions based on tax positions related to the current year		40,707			—			581
Additions for tax positions of prior years		459			75			57
Reductions as a result of a lapse of applicable statutes of limitations		(101	)		(57	)		(223	)
Balance at End of Period	$	42,603		$	1,538		$	1,520