v3.26.1
Income Taxes
 6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The following table presents our income tax provision and our income tax rate for the three and six months ended June 30, 2026 and 2025 (in thousands, except percentages):
 For the three months ended
June 30,		For the six months ended
June 30,
 2026202520262025
Income tax provision$147,968 $109,867 $252,556 $193,387 
Income tax rate26.8 %26.7 %26.3 %26.3 %
The difference between the U.S. statutory tax rate of 21% and our effective income tax rate for both the three and six months ended June 30, 2026 and 2025 was primarily a result of state and local income taxes and other permanent book-to-tax differences.
The increase in our income tax provision for the three and six months ended June 30, 2026, when compared to the three and six months ended June 30, 2025, was primarily due to greater income before income taxes.
As of June 30, 2026 and December 31, 2025, we had no unrecognized income tax benefits.
We file a consolidated federal income tax return including all of our U.S. subsidiaries with the Internal Revenue Service. We additionally file income tax returns with various state, local, and foreign tax agencies. Our income tax returns are subject to audit by various taxing authorities and are currently under examination by certain states for the years 2021 through 2024.