Income Taxes |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The Company's effective tax rate was 15.1% and 8.4% for the three months ended June 30, 2026 and 2025, respectively, and 14.2% and 9.2% for the six months ended June 30, 2026 and 2025, respectively. The Company's effective tax rate for the three and six months ended June 30, 2026 and 2025 was positively impacted, compared to the U.S. federal statutory rate, primarily by income earned in foreign jurisdictions with tax rates lower than the U.S. federal statutory rate and, to a lesser extent, tax benefits from cross-border tax laws and federal tax credits for research activities, partly offset by changes in unrecognized tax benefits. In addition, the Company's effective tax rate for the three and six months ended June 30, 2025 was positively impacted by the release of liabilities associated with unrecognized tax benefits upon the settlement of the IRS audit of the Company's 2017 and 2018 federal income tax returns.
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