Income Taxes |
3 Months Ended |
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Mar. 31, 2026 | |
| Income Taxes | |
| Income Taxes | Note 17—Income Taxes The Company’s effective income tax rates were 21.4% and 26.8% for the quarters ended March 31, 2026 and 2025, respectively. The decrease in the effective income tax rate for the quarter ended March 31, 2026 compared to the same quarter in 2025 is due to the effect of an increase in deductible compensation, as well as a favorable change in California apportionment rules enacted into law in June 2025 allowing the Company to apportion income to California using a single sales factor instead of a factor equally weighted among property, payroll and sales. |
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- References No definition available.
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- Definition The entire disclosure for income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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