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INCOME TAXES
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES
NOTE 14. INCOME TAXES
Effective income tax rate
Six Months Ended
June 30,
(Dollars in thousands)20262025
Provision for (benefit from) income taxes$12,120 $36,058 
Effective income tax rate21 %24 %
The Company’s effective income tax rate decreased in the six months ended June 30, 2026 as compared to the prior period, primarily due to excess tax benefits from stock-based compensation recognized in the current period and the absence of a valuation allowance on substantially all of the Company’s U.S. and U.K. deferred tax assets.