Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Provision for (Benefit from) Income Taxes

For the years ended December 31, 2023, 2022 and 2021, the provision for (benefit from) income taxes is comprised of the following:

	2023			2022			2021
Current income tax provision	(In thousands)
Federal	$	(84	)	$	(31	)	$	(31	)
State		6,359			3,427			3,984
Foreign		—			—			-
Total current income tax provision		6,275			3,396			3,953
Deferred income tax provision (benefit):
Federal		55,686			71,642			345
State		16,950			23,845			(4,462	)
Total deferred income tax provision (benefit)		72,636			95,487			(4,117	)
Total income tax provision (benefit)	$	78,911		$	98,883		$	(164	)

Components of Deferred Income Tax Assets and Liabilities

The components of deferred income tax assets and liabilities as of December 31, 2023 and 2022 are as follows:

	2023			2022
Deferred income tax assets:	(In thousands)
Acquisition and debt related costs	$	2,257		$	3,270
Net operating losses		110,482			156,176
Goodwill impairment		54,040			53,684
Self-insurance		11,647			8,816
Deferred revenue		2,408			2,520
Restricted stock		7,988			7,911
Tax credits		15,495			11,847
Section 174 capitalization		5,508			—
Lease obligations		28,647			29,117
Interest limitation		14,865			10,120
Charitable contributions		9			2,122
Other		6,507			5,220
Total deferred income tax assets		259,853			290,803
Valuation allowance		(5,027	)		(4,601	)
Net deferred tax assets		254,826			286,202
Deferred income tax liabilities:
Property and equipment		(277,574	)		(245,396	)
Amortization - Goodwill		(65,263	)		(60,230	)
Amortization - Other intangibles		(39,441	)		(35,666	)
Right of use assets		(27,983	)		(28,568	)
Other		(1,495	)		(637	)
Total deferred income tax liabilities		(411,756	)		(370,497	)
Net deferred income tax (liabilities) assets	$	(156,930	)	$	(84,295	)

Schedule of Reconciliation between Statutory Income Tax Rate and Company's Effective Income Tax Provision (Benefit) Rate

The reconciliation between the statutory income tax rate and the Company’s effective income tax provision (benefit) rate for the years ended December 31, 2023, 2022 and 2021, is as follows:

	2023							2022							2021
	Amount			%				Amount			%				Amount			%
	(In thousands)
Income tax at federal statutory rates	$	65,753			21.00		%	$	81,915			21.00		%	$	53,833			21.00		%
State taxes, net of federal benefit		16,392			5.24				17,103			4.38				12,070			4.71
Equity-based compensation		(2,205	)		(0.70	)			(9,839	)		(2.52	)			(8,051	)		(3.14	)
Tax credits		(4,487	)		(1.43	)			(205	)		(0.05	)			(137	)		(0.05	)
Impact of state rate changes		1,597			0.51				4,460			1.14				(753	)		(0.29	)
Officer's compensation limitation		948			0.30				4,612			1.18				3,437			1.34
Valuation allowance - state		426			0.14				—			—				(13,756	)		(5.37	)
Valuation allowance - federal		—			—				—			—				(47,061	)		(18.36	)
Other		487			0.16				837			0.22				254			0.10
Income tax provision (benefit)	$	78,911			25.22		%	$	98,883			25.35		%	$	(164	)		(0.06	)	%