Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Schedule Of Income Before Income Taxes By Geographical Area

(in thousands)	2018			2017			2016
Federal	$	48,393		$	33,830		$	39,419
Foreign		(5,325	)		(9,190	)		(1,074	)
	$	43,068		$	24,640		$	38,345

Schedule Of Income Tax Provision

The income tax provision consisted of the following for the years ended December 31:

(in thousands)	2018			2017			2016
Current
Federal	$	5,155		$	7,020		$	9,838
State		3,310			1,557			2,871
		8,465			8,577			12,709
Deferred
Federal		4,936			(1,453	)		2,491
Foreign		(822	)		(875	)		481
State		(805	)		(2,763	)		1,233
		3,309			(5,091	)		4,205
Income tax expense	$	11,774		$	3,486		$	16,914

Schedule Of Effective Tax Rate Reconciliation

The differences between the U.S. federal statutory tax rate and the Company’s effective tax rate for operations were as follows for the years ended December 31:

	2018			2017			2016
U.S federal statutory rate		21.0	%		35.0	%		35.0	%
Deferred balance adjustments due to Tax Act, net		—			(31.6	)		—
State income taxes, net of U.S. federal income tax expense		5.2			5.3			5.2
Change in valuation allowance		1.2			6.4			1.6
Domestic production/manufacturing deduction		—			(1.6	)		(1.9	)
Tax differential on foreign earnings		(0.5	)		3.2			0.6
Deferred state tax adjustments, net		—			(2.4	)		1.6
Non-deductible meals and entertainment		0.8			1.7			1.0
Stock compensation excess tax benefits		(0.1	)		(3.1	)		—
Uncertain tax positions		0.1			2.0			—
Provision to return adjustments, net		(0.2	)		(0.3	)		0.8
Non-controlling interest		(0.5	)		—			—
Other income, net		0.3			(0.5	)		0.2
Effective rate		27.3	%		14.1	%		44.1	%

Schedule Of Net Deferred Tax Assets And (Liabilities)

The net deferred tax assets and (liabilities) arising from temporary differences was as follows at December 31:

(in thousands)	2018			2017
Deferred income tax assets:
Self insurance reserves	$	4,299		$	4,555
Contract loss reserves		350			317
Stock-based awards		1,143			1,571
Bonus		3,271			590
Non-U.S. operating loss		2,672			2,173
Non-U.S. deferred income tax assets, net		1,526			773
Other		1,958			1,359
Total deferred income tax assets before valuation allowances		15,219			11,338
Less: valuation allowances		(2,672	)		(2,173	)
Total deferred income tax assets		12,547			9,165
Deferred income tax liabilities:
Property and equipment – tax over book depreciation		(26,030	)		(18,792	)
Intangible assets – tax over book amortization		(1,890	)		(2,186	)
Other		(2,025	)		(1,639	)
Total deferred income tax liabilities		(29,945	)		(22,617	)
Net deferred income taxes	$	(17,398	)	$	(13,452	)

Schedule Of Liability For Unrecognized Tax Benefits Reconciliation

The following is a reconciliation of the beginning and ending liability for unrecognized tax benefits at December 31:

(in thousands)	2018			2017
Balance at beginning of period	$	751		$	271
Gross increases in current period tax positions		25			63
Gross increases in prior period tax positions		—			434
Reductions in tax positions due to lapse of statutory limitations		(8	)		(17	)
Reclass from unrecognized tax benefits to deferred tax liability		(441	)		—
Balance at end of period		327			751
Accrued interest and penalties at end of period		48			36
Total liability for unrecognized tax benefits	$	375		$	787