Income Taxes |
9 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The effective tax rate for the nine months ended June 30, 2026 was expense of 30.1% compared to 11.5% for the prior year comparative period. The current year expense is higher due to the non-cash settlement loss on the U.K. pension plan termination which does not have a statutory tax benefit. The prior year rate was impacted by the production credits recorded in the prior year period. The Company achieved reasonable assurance over its ability to claim production credits under the Inflation Reduction Act of 2022 during the third fiscal quarter of 2025, and recognized $33.9 for the credit related to fiscal 2025 production and an additional $78.5 retroactive adjustment to the beginning of the effective date of the IRA, January 1, 2023.
|