INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The consolidated income before income taxes for 2018, 2017, and 2016 consists of the following (in thousands):

	Years Ended December 31,
	2018		2017		2016
Domestic	$	94,978	$	121,897	$	185,042
Foreign	1,026		641		375
Total income before income taxes	$	96,004	$	122,538	$	185,417

Schedule of Components of Income Tax Expense (Benefit)

The consolidated income tax expense for 2018, 2017 and 2016 consists of the following components (in thousands):

	Years Ended December 31,
	2018			2017			2016
Current
Federal	$	22,120		$	21,316		$	51,489
State	7,271			4,327			10,307
Foreign	168			155			144
	29,559			25,798			61,940
Deferred
Federal	(1,613		)	(16,065		)	3,448
State	(1,312		)	1,459			686
Foreign	(51		)	(76		)	(90		)
	(2,976		)	(14,682		)	4,044
Total consolidated expense	$	26,583		$	11,116		$	65,984

Schedule of Effective Income Tax Rate Reconciliation

The following table provides a reconciliation of differences from the U.S. Federal statutory rates as follows (in thousands):

	Years Ended December 31,
	2018			2017			2016
Pretax book income	$	96,004		$	122,538		$	185,417
Federal tax expense at applicable statutory rate	20,161			42,888			64,896
State and local income taxes (net of federal benefit)	4,737			5,047			7,145
Benefit of domestic production deduction	—			(3,450		)	(5,065		)
Change in income tax reserves	—			(11,925		)	862
Remeasurement of deferred taxes	(421		)	(19,796		)	—
Nondeductible officer compensation	1,152			—			163
Stock based compensation expense	(1,009		)	(1,943		)	(225		)
Other	1,963			295			(1,792		)
Total income tax expense	$	26,583		$	11,116		$	65,984

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax assets and deferred tax liabilities as of December 31, 2018 and 2017 were as follows (in thousands):

	December 31,
	2018			2017
Deferred tax assets
Tax credits and loss carryforwards	$	657		$	1,710
Accrued liabilities	7,285			6,629
Incentive compensation	12,132			13,867
Other	6,747			2,852
	26,821			25,058
Deferred tax liabilities
Property, plant and equipment	(14,695		)	(12,813		)
Intangibles	(42,343		)	(45,960		)
Other	(3,841		)	(2,003		)
	(60,879		)	(60,776		)
Net deferred tax asset before valuation allowances and reserves	(34,058		)	(35,718		)
Valuation allowances	(847		)	(1,237		)
Net deferred tax asset or liability	$	(34,905	)	$	(36,955	)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits was as follows (in thousands) and all balances as of December 31, 2018 were included in either Other Noncurrent Liabilities or Deferred Income Taxes in the Company’s Consolidated Balance Sheet:

	Unrecognized Tax Benefits
Balance at January 1, 2017	$	10,625
Decrease in prior year tax positions	(10,130		)
Balance at December 31, 2017	495
Increase in prior year tax positions	682
Balance at December 31, 2018	$	1,177