INCOME TAXES |
3 Months Ended |
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Mar. 31, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES In determining its interim provision for income taxes, the Company uses an estimated annual effective tax rate, which is based on expected annual profit before tax, statutory tax rates and tax planning opportunities available in the various jurisdictions in which the Company operates. Certain significant or unusual items are separately recognized in the quarter in which they occur and can be a source of variability in the effective tax rates from quarter to quarter. The Company’s worldwide effective tax rate for the three months ended March 31, 2026 and 2025 was 31.6% and 22.2%, respectively. The Company recorded a tax shortfall upon vesting or exercise of stock awards of $9.8 million during the three months ended March 31, 2026 as compared to excess tax benefits upon vesting or exercise of stock awards of $0.5 million during the three months ended March 31, 2025.
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