v3.26.1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of Income Tax Expense Attributable to Income from Operations with Amounts Computed by Applying U.S. Federal Tax Rate to Pretax Income from Continuing Operations

For the Three Months Ended June 30,

For the Six Months Ended June 30, 2026

2026

2025

2026

2025

(in thousands)

 

Amount

 

%

 

Amount

 

%

 

Amount

 

%

 

Amount

 

%

U.S. federal statutory tax rate

$

44,245

21.0

$

32,868

21.0

$

58,386

21.0

%

$

49,381

21.0

%

State and local income taxes, net of federal income tax effect

842

0.4

493

0.3

1,380

0.5

%

1,047

0.4

%

Tax credit

(705)

(0.3)

(645)

(0.4)

(3,471)

(1.2)

%

(1,290)

(0.6)

%

Nontaxable or Nondeductible Items:

Excess tax benefit on share-based compensation

(144)

(0.1)

(408)

(0.3)

(1,995)

(0.7)

%

(3,159)

(1.4)

%

Other nontaxable or nondeductible items

(1,578)

(0.8)

(129)

(0.0)

816

0.2

%

1,617

0.8

%

Total tax expense

$

42,660

20.2

$

32,179

20.6

$

55,116

19.8

%

$

47,596

20.2

%