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Income Taxes
 3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Income Taxes
10. Income Taxes
 
Three Months Ended March 31,
thousands except percentages20262025
Income tax expense (benefit)$2,794 $3,707 
Income (loss) before income taxes11,292 15,496 
Effective tax rate24.7 %23.9 %

The Company’s tax provision for interim periods is determined using an estimate of its annual current and deferred effective tax rates, adjusted for discrete items. The Company’s effective tax rate is typically impacted by non-deductible executive compensation and other permanent differences as well as state income taxes, which cause the Company’s effective tax rate to deviate from the federal statutory rate.