Income Taxes (Tables)
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12 Months Ended |
Dec. 31, 2016 |
| Income Taxes [Abstract] |
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| Schedule of Components of Deferred Tax Assets Included in Consolidated Balance Sheets |
Significant components of deferred tax assets included in the consolidated balance sheets at December 31, 2016 and 2015 were as follows (in thousands):
| | | December 31, 2016 | | | December 31, 2015 | | | | | | | | (as restated) | | Deferred tax assets: | | | | | | | Compensation | | $ | 1,914 | | | $ | 1,830 | | Allowance for doubtful accounts | | | 572 | | | | 472 | | Lease obligations - closed clinics | | | 57 | | | | 50 | | Deferred tax assets | | $ | 2,543 | | | $ | 2,352 | | Deferred tax liabilities: | | | | | | | | | Depreciation and amortization | | $ | (17,896 | ) | | $ | (16,142 | ) | Other | | | (383 | ) | | | (1,718 | ) | Deferred tax liabilities | | | (18,279 | ) | | | (17,860 | ) | Net deferred tax liability | | $ | (15,736 | ) | | $ | (15,508 | ) |
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| Schedule of Differences Between Federal Tax Rate and Company's Effective Tax Rate for Results of Continuing Operations |
The differences between the federal tax rate and the Company’s effective tax rate for results of continuing operations for the years ended December 31, 2016, 2015 and 2014 were as follows (in thousands):
| | | December 31, 2016 | | | December 31, 2015 | | | December 31, 2014 | | | | | | | | | | | (as restated) | | | (as restated) | | U. S. tax at statutory rate | | $ | 11,351 | | | | 35.0 | % | | $ | 11,991 | | | | 35.0 | % | | $ | 11,252 | | | | 35.0 | % | State income taxes, net of federal benefit | | | 945 | | | | 2.9 | % | | | 1,337 | | | | 3.9 | % | | | 1,474 | | | | 4.6 | % | Excess equity compensation deduction | | | (911 | ) | | | -2.8 | % | | | - | | | | 0.0 | % | | | - | | | | 0.0 | % | Non-deductible expenses | | | 495 | | | | 1.5 | % | | | 319 | | | | 0.9 | % | | | 292 | | | | 0.9 | % | | | | $ | 11,880 | | | | 36.6 | % | | $ | 13,647 | | | | 39.8 | % | | $ | 13,018 | | | | 40.5 | % |
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| Schedule of Significant Components of Provision for Income Taxes for Continuing Operations |
Significant components of the provision for income taxes for continuing operations for the years ended December 31, 2016, 2015 and 2014 were as follows (in thousands):
| | | December 31, 2016 | | | December 31, 2015 | | | December 31, 2014 | | | | | | | | (as restated) | | | (as restated) | | Current: | | | | | | | | | | Federal | | $ | 7,620 | | | $ | 6,502 | | | $ | 6,972 | | State | | | 1,281 | | | | 1,192 | | | | 940 | | Total current | | | 8,901 | | | | 7,694 | | | | 7,912 | | Deferred: | | | | | | | | | | | | | Federal | | | 2,548 | | | | 5,302 | | | | 4,224 | | State | | | 431 | | | | 651 | | | | 882 | | Total deferred | | | 2,979 | | | | 5,953 | | | | 5,106 | | Total income tax provision for continuing operations | | $ | 11,880 | | | $ | 13,647 | | | $ | 13,018 | |
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