Annual report pursuant to Section 13 and 15(d)

Income Tax (Tables)

v3.10.0.1
Income Tax (Tables)
12 Months Ended
Dec. 31, 2018
Income Taxes  
Summary of income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

(in thousands)

   

2016

   

2017

   

2018

 

Current income tax expense

 

$

6,787

 

 

26,261

 

 

33,615

 

Deferred income tax benefit

 

 

(368)

 

 

 —

 

 

(1,304)

 

Total income tax expense

 

$

6,419

 

 

26,261

 

 

32,311

 

 

Summary of reconciliation of income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

(in thousands)

  

2016

  

2017

  

2018

 

Federal income tax expense

 

$

5,646

 

 

10,005

 

 

20,773

 

State income tax expense, net of federal benefit

 

 

479

 

 

952

 

 

4,133

 

Non-deductible equity-based compensation

 

 

 —

 

 

13,296

 

 

8,087

 

Non-deductible IPO expenses

 

 

309

 

 

1,948

 

 

 1

 

Other

 

 

(15)

 

 

60

 

 

(683)

 

Provision for income taxes

 

$

6,419

 

 

26,261

 

 

32,311