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Income Taxes Income Taxes (Tables)
12 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)
The provision (benefit) for income taxes for the years ended December 31, 2017, 2018 and 2019 consisted of the following (in thousands): 
 
Years Ended December 31,
 
2017
 
2018
 
2019
Current:
 
 
 
 
 
U. S. federal provision (benefit)
$
6,425

 
$
1,489

 
$
(2,039
)
State provision (benefit)
815

 
1,309

 
(195
)
Total current provision (benefit)
$
7,240

 
$
2,798

 
$
(2,234
)
Deferred:
 
 
 
 
 
U. S. federal provision (benefit)
$
(12,881
)
 
$
2,831

 
$
8,056

State provision
1,230

 
992

 
2,061

Total deferred provision (benefit)
$
(11,651
)
 
$
3,823

 
$
10,117

Total income tax provision (benefit)
$
(4,411
)
 
$
6,621

 
$
7,883

Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of taxes calculated at the U.S. federal statutory rate to those reflected in the Consolidated Statements of Operations for the years ended December 31, 2017, 2018 and 2019 is as follows (dollars in thousands): 
 
Years Ended December 31,
 
 
2017
 
2018
 
2019
 
 
Amount
 
Percent
 
Amount
 
Percent
 
Amount
 
Percent
 
Federal statutory rate
$
11,474

 
35.0

%
$
3,834

 
21.0

%
$
4,707

 
21.0

%
Effect of state income taxes, net of federal benefit
1,304

 
4.0

 
1,776

 
9.7

 
1,352

 
6.0

 
Effect of non-deductible expenses and other, net
(36
)
 
(0.1
)
 
1,451

 
7.9

 
947

 
4.2

 
Effect of divestiture and impairment of business

 

 

 

 
911

 
4.1

 
Change in valuation allowance
23

 
0.1

 
26

 
0.1

 
(34
)
 
(0.2
)
 
Re-measurement of deferred taxes due to tax reform
(17,176
)
 
(52.4
)
 
(466
)
 
(2.5
)
 

 

 
Total
$
(4,411
)
 
(13.5
)
%
$
6,621

 
36.2

%
$
7,883

 
35.1

%
Schedule of Deferred Tax Assets and Liabilities
The tax effects of temporary differences from total operations that give rise to significant deferred tax assets and liabilities at December 31, 2018 and 2019 are as follows (in thousands):
 
Years Ended December 31,
 
2018
 
2019
Deferred income tax assets:
 
 
 
Net operating loss carryforwards
$
1,569

 
$
3,602

Interest expense limitation
996

 
4,190

Tax credit carryforwards
133

 
100

State bonus depreciation
970

 
1,124

Accrued liabilities and other
5,493

 
5,124

Amortization of non-compete agreements
1,135

 
1,104

Preneed liabilities
4,242

 

Total deferred income tax assets
14,538

 
15,244

Less valuation allowance
(276
)
 
(234
)
Total deferred income tax assets
$
14,262

 
$
15,010

Deferred income tax liabilities:
 
 
 
Depreciation and amortization
$
(45,150
)
 
$
(49,568
)
Preneed liabilities


 
(6,446
)
Convertible subordinated notes due 2021
(131
)
 
(75
)
Prepaids and other
(244
)
 
(289
)
Total deferred income tax liabilities
(45,525
)
 
(56,378
)
Total net deferred tax liabilities
$
(31,263
)
 
$
(41,368
)
Schedule of Unrecognized Tax Benefits Roll Forward
A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):
 
Years Ended December 31,
 
2017
 
2018
 
2019
Unrecognized tax benefit at beginning of year
$

 
$

 
$

Gross increases - tax positions in prior period

 

 
691

Gross decreases - tax positions in prior period

 

 

Gross increases - tax positions in current period

 

 

Settlement

 

 

Unrecognized tax benefit at end of year
$

 
$

 
$
691