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Income Taxes Income Taxes (Tables)
12 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
The tax effects of the significant temporary differences that comprise the deferred tax assets and liabilities are as follows:
 
December 31,
(In thousands)
2019
2018
Deferred tax assets:
 
 
Warranty, insurance and other accruals
$
8,114

$
8,218

Equity-based compensation
2,109

4,096

Inventory
4,254

4,441

Operating lease liabilities
4,613


State taxes
213

185

Net operating loss carryforward
754

3,240

Deferred charges
426


Total deferred tax assets
$
20,483

$
20,180

 
 
 
Deferred tax liabilities:
 
 

Federal effect of state deferred taxes
$
476

$
1,079

Depreciation
5,288

4,801

Operating lease right-of-use assets
4,613


Prepaid expenses
475

285

Other

533

Total deferred tax liabilities
$
10,852

$
6,698

 
 
 
Net deferred tax asset
$
9,631

$
13,482


Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The provision from income taxes consists of the following:
 
Year Ended December 31,
(In thousands)
2019
2018
2017
Current:
 
 
 
Federal
$
29,602

$
24,408

$
33,392

State
4,985

4,261

2,414

 
$
34,587

$
28,669

$
35,806

 
 
 
 
 
Year Ended December 31,
(In thousands)
2019
2018
2017
Deferred:
 
 
 
Federal
$
1,490

$
2,333

$
11,916

State
2,361

2,624

521

 
$
3,851

$
4,957

$
12,437

Total
$
38,438

$
33,626

$
48,243


Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] Reconciliation of the differences between income taxes computed at the federal statutory tax rate and consolidated benefit from income taxes are as follows:
 
Year Ended December 31,
(In thousands)
2019
2018
2017
Federal taxes at statutory rate
$
34,865

$
29,671

$
42,113

State and local taxes – net of federal tax benefit
5,981

5,636

3,420

Deferred tax asset re-measurement as a result of 2017 Tax Act


6,520

Equity Compensation
(1,251
)
(254
)
(1,368
)
Manufacturing deduction


(3,262
)
Federal tax credits
(3,493
)
(2,817
)

Other
2,336

1,390

820

Total
$
38,438

$
33,626

$
48,243