Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense (Benefit), Continuing Operations

The provision for income taxes consists of the following (in thousands):

	YEARS ENDED DECEMBER 31,
	2022		2021		2020
Current tax expense:
Federal	$	17,535	$	15,617	$	17,278
State	6,400		5,765		4,119
Deferred tax expense	3,076		2,708		(2,224)
Total Income tax expense	$	27,011	$	24,090	$	19,173

Schedule of Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation

The provision for income taxes shown above varied from the statutory federal income tax rate for those periods as follows:

	YEARS ENDED DECEMBER 31,
	2022		2021		2020
Federal income tax rate	21.0	%	21.0	%	21.0	%
State income taxes, net of Federal tax effect	5.4		5.0		5.3
Non-deductible compensation and meals and entertainment	2.5		2.2		1.4
Tax credits	(1.2)		(2.2)		(1.5)
Tax benefit from restricted stock vesting	(1.0)		(2.6)		(1.5)
Other	(0.3)		0.9		0.8
Effective tax rate	26.4	%	24.3	%	25.5	%

Schedule of Components of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities are composed of the following (in thousands):

	DECEMBER 31,
	2022		2021
Deferred tax assets:
Accounts receivable reserves	$	901	$	604
Accrued liabilities	2,855		2,367
Deferred compensation obligation	6,521		5,702
Stock-based compensation	902		715
Operating lease liabilities	5,411		4,704
Pension and post-retirement benefit plans	—		2,929
Deferred payroll taxes	—		4,965
Other	8		11
Deferred tax assets	16,598		21,997
Deferred tax liabilities:
Prepaid expenses	(359)		(604)
Fixed assets	(4,694)		(4,185)
Goodwill	(2,408)		(2,413)
ROU assets for operating leases	(4,397)		(3,965)
Partnership basis difference	46		(2,966)
Other	—		(207)
Deferred tax liabilities	(11,812)		(14,340)
Valuation allowance	—		—
Total Deferred tax assets, net	$	4,786	$	7,657