Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Taxes [Abstract]

Schedule of Components of Provision for Income Taxes

	Years Ended December 31,
	2020		2019		2018
	(in thousands)
Current
Federal	$	(3,632)	$	324	$	734
State		190		479		638
International		31		144		23
Total Current		(3,411)		947		1,395
Deferred
Federal		1,522		(1,296)		2,839
State		377		(261)		844
International		(17)		(64)		80
Total Deferred		1,882		(1,621)		3,763
Total (Benefit) Provision for Income Taxes	$	(1,529)	$	(674)	$	5,158

Schedule of Effective Income Tax Rate Reconciliation

	2020		2019		2018
Federal statutory rate	21.0	%	21.0	%	21.0	%
Tax reform	-		-		(1.1)
State income taxes, net of the federal tax benefit	7.6		3.7		5.7
Stock based compensation	12.6		(7.3)		7.6
Remeasurement of deferred tax assets	(0.1)		(1.1)		0.3
Tax credits	(0.9)		2.6		(0.8)
Uncollectible state receivables	-		(5.6)		-
Impact of CARES Act	(76.1)		-		-
Other	1.9		(0.2)		0.4
Effective tax rate	(34.0)	%	13.1	%	33.1	%

Schedule of Components of Net Deferred Income Taxes

	2020		2019
	(in thousands)
Deferred income tax assets:
Section 743 carryforward	$	11,215	$	12,915
Inventory		1,324		1,829
Stock based compensation		1,019		1,290
Operating lease liabilities(1)		38,981		41,203
Net operating loss & credit carryforwards		362		3,495
Other		3,520		2,120
Total deferred income tax assets	$	56,421	$	62,852
Deferred income tax liabilities
Depreciation		12,642		15,279
Operating lease right-of-use assets(1)		36,516		37,910
Other		1,922		2,467
Total deferred income tax liabilities		51,080		55,656
Net deferred income tax assets	$	5,341	$	7,196