Annual report pursuant to Section 13 and 15(d)

Income Taxes - Deferred Assets and Liabilities (Details)

v3.22.0.1
Income Taxes - Deferred Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Deferred tax assets:    
Allowance for doubtful accounts $ 756 $ 754
Inventory reserves 1,505 1,529
Warranty liability 1,551 1,465
Deferred compensation 1,659 1,437
Earnout liabilities 297 354
Pension and retiree health benefit obligations 1,573 1,738
Interest rate swap 1,615 3,373
Accrued vacation 1,440 1,241
Medical claims reserve 48 84
Operating lease liabilities 5,011 5,583
Net operating losses 3,182 3,744
Other accrued liabilities 5,106 4,949
Other 663  
Valuation allowance (3,273) (3,374)
Total deferred tax assets 21,133 22,877
Deferred tax liabilities:    
Tax deductible goodwill and other intangibles (35,609) (35,953)
Accelerated depreciation (9,918) (8,105)
Operating leases - right of use assets (4,626) (5,583)
Other (769) 83
Total deferred tax liabilities (50,922) (49,558)
Net deferred tax liabilities (29,789) (26,681)
Valuation allowance 3,273 $ 3,374
State    
Deferred tax assets:    
Valuation allowance (2,447)  
Deferred tax liabilities:    
Operating loss carry forwards 2,356  
Valuation allowance 2,447  
Non-State    
Deferred tax assets:    
Valuation allowance (826)  
Deferred tax liabilities:    
Valuation allowance $ 826