INCOME TAXES |
6 Months Ended |
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Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES The Company recorded income tax expense of $62,556 and $41,996 during the six months ended June 30, 2026, and 2025, respectively, or 28.2% of earnings before income taxes for the six months ended June 30, 2026, compared to 34.6% for the six months ended June 30, 2025. The change in effective tax rate in the six months ended June 30, 2026, compared to the six months ended June 30, 2025, was primarily due to the change in forecasted pre-tax book income and the impact of excess tax benefits from stock-based compensation. The Company’s effective tax rate for the six months ended June 30, 2026 differs from the rate calculated from the consolidated statements of income of 28.5%, primarily due to losses in certain jurisdictions for which no tax benefit has been recognized due to valuation allowances. The Company is not, to its knowledge, under examination by any federal or state income tax authority. The Company’s federal returns for tax years 2022 and forward are subject to examination, and state returns for tax years 2021 and forward are subject to examination. The Company does not believe the federal or state statute lapses or any other event will significantly impact the balance of unrecognized tax benefits in the next twelve months. The net balance of unrecognized tax benefits was not material to the condensed consolidated financial statements for the six months ended June 30, 2026, and 2025, respectively. The Company’s balance of net deferred tax assets or net deferred tax liabilities is included within other assets or other liabilities, respectively, on the condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025, respectively.
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