​

​

Three months ended June 30,

​

Six months ended June 30,

​

2025

2024

2025

2024

​

​

(in thousands, except percentages)

Income before income taxes

​

$

12,622

​

$

17,071

​

$

27,606

​

$

39,821

​

Income tax expense

$

889

$

2,127

​

$

3,926

​

$

3,023

​

Effective tax rate

​

7.04%

​

12.46%

​

​

14.22%

​

7.59%

​