XML 58 R44.htm IDEA: XBRL DOCUMENT v3.20.4
Employee Benefits (Tables)
12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Schedule of Defined Contribution Plan Disclosures
The Company matches 175% up to 6% of employee contributions of eligible compensation. Additionally, Plan participant forfeitures are used to reduce the cost of the Company contributions.

Years Ended December 31,
 202020192018
(in thousands)
Contributions, net of forfeitures, made to the defined contribution plan$9,091 $7,034 $8,127 
Schedule of Profit Sharing Bonus Plan
We maintain a discretionary profit sharing bonus plan under which approximately 10% of pre-tax profit is paid to eligible employees on a quarterly basis in order to reward employee productivity. Eligible employees are regular full-time employees who are actively employed and working on the first and last days of the calendar quarter and who were employed full-time for at least three full months prior to the beginning of the calendar quarter, excluding the Company's senior leadership team.

Years Ended December 31,
 202020192018
(in thousands)
Profit sharing bonus plan expense$11,593 $7,448 $6,165 
Schedule of Employee Medical Plan
We self-insure for our employees' health insurance. Eligible employees are regular full-time employees who are actively employed and working. Participants are expected to pay a portion of the premium costs for coverage of the benefits provided under the Plan. We estimate our self-insurance liabilities using an analysis provided by our claims administrator and our historical claims experience. In addition, the Company matches 175% of a participating employee's allowed contributions to a qualified health saving account to assist employees with our heath insurance plan deductibles.
Years Ended December 31,
 202020192018
(in thousands)
Medical claim payments$9,060 $5,898 $5,915 
Health saving account payments3,476 3,265 2,948