v3.25.2
Income Taxes
 9 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The calculation of the effective tax rate is as follows (in thousands):
 Three months ended June 30,Nine months ended June 30,
 2025202420252024
Income before income taxes$64,101 $61,796 $166,012 $135,591 
Income tax provision15,867 15,573 36,685 31,795 
Net income$48,234 $46,223 $129,327 $103,796 
Effective tax rate25 %25 %22 %23 %
Our income tax provision reflects an effective tax rate on pre-tax income of 25% and 22% for the three and nine months ended June 30, 2025, respectively, compared to 25% and 23% for the three and nine months ended June 30, 2024, respectively. The effective tax rates for the three and nine months ended June 30, 2025 and 2024 were favorably impacted by the estimated Research and Development (R&D) Tax Credit and discrete items primarily related to the vesting of RSUs. These benefits were offset by the tax expense related to certain nondeductible items. In addition, for Fiscal 2024, favorable impacts were offset by an income inclusion related to U.S. global intangible income.