v3.25.2
Income Tax Expense (Tables)
6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)

The following table summarizes the Company’s income tax expense and effective tax rates for the three and six months ended June 30, 2025 and 2024:

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

2025

 

2024

 

2025

 

2024

 

 

(in thousands)

Income before Income Taxes

$

22,308

$

52,817

$

62,024

$

116,314

Income Tax Expense

 

21,576

 

31,899

 

52,891

 

64,048

Effective Tax Rate

 

96.7%

 

60.4%

 

85.3%

 

55.1%