INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

INCOME TAXES

Schedule of domestic and foreign components of pretax income

	2022		2021		2020
Domestic	$	84,286	$	77,434	$	69,211
Foreign		13,855		8,295		7,051
	$	98,141	$	85,729	$	76,262

Schedule of components of provision of income taxes

	2022		2021		2020
Current:
Federal	$	13,070	$	16,886	$	14,831
Foreign		4,110		1,983		1,029
State		2,605		2,822		1,763
		19,785		21,691		17,623
Deferred:
Federal		2,364		(2,069)		(1,006)
Foreign		81		39		1,316
State		19		760		(645)
		2,464		(1,270)		(335)
	$	22,249	$	20,421	$	17,288

Schedule of significant components of net deferred tax liability

	December 31,
	2022		2021
Deferred tax assets:
Accrued customer promotions	$	1,269	$	2,107
Deferred compensation		17,533		22,311
Postretirement benefits		2,466		3,324
Other accrued expenses		7,744		5,158
Foreign subsidiary tax loss carry forward		4,650		4,497
Outside basis difference in foreign subsidiary		359		365
Capitalized research and development costs		2,049		—
Deductible state tax depreciation		893		736
Tax credit carry forward		2,047		2,517
		39,010		41,015
Valuation allowances		(5,703)		(5,555)
Total deferred tax assets	$	33,307	$	35,460
Deferred tax liabilities:
Depreciation	$	27,153	$	23,342
Deductible goodwill and trademarks		37,608		38,255
Accrued export company commissions		4,580		4,615
Employee benefit plans		395		525
Inventory reserves		934		2,532
Prepaid insurance		1,016		965
Unrealized capital gains		(160)		3,874
Deferred foreign exchange gain		119		132
Deferred gain on sale of real estate		5,213		5,309
Total deferred tax liabilities	$	76,858	$	79,549
Net deferred tax liability	$	43,551	$	44,089

Schedule of reconciliation of statutory and effective income tax rate

	2022		2021		2020
U.S. statutory rate	21.0	%	21.0	%	21.0	%
State income taxes, net	2.3		2.4		2.1
Foreign income tax rates	1.0		0.2		1.0
Income tax credits and adjustments	(0.8)		(0.6)		(1.4)
Adjustment of deferred tax balances	(0.7)		0.6		(0.2)
Reserve for uncertain tax benefits	0.3		—		(0.8)
Other, net	(0.4)		0.2		1.0
Effective income tax rate	22.7	%	23.8	%	22.7	%

Schedule of reconciliation of beginning and ending balances of total amounts of unrecognized tax benefits

	2022		2021		2020
Unrecognized tax benefits at January 1	$	3,133	$	3,011	$	3,678
Increases in tax positions for the current year		393		700		377
Reductions in tax positions for lapse of statute of limitations		(134)		(578)		(501)
Reductions in tax positions for settlements and payments		—		—		(308)
Increases (decreases) in prior period unrecognized tax benefits due to change in judgment		—		—		(235)
Unrecognized tax benefits at December 31	$	3,392	$	3,133	$	3,011