v3.26.1
Income Taxes
9 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The calculation of the effective tax rate is as follows (in thousands):
Three months ended June 30,Nine months ended June 30,
2026202520262025
Income before income taxes$69,123 $64,101 $177,943 $166,012 
Income tax provision16,963 15,867 38,506 36,685 
Net income$52,160 $48,234 $139,437 $129,327 
Effective tax rate25 %25 %22 %22 %

Our income tax provision reflects an effective tax rate on pre-tax income of 25% and 22% for the three and nine months ended June 30, 2026, and June 30, 2025. The effective tax rates for each period were favorably impacted by the estimated Research and Development (R&D) Tax Credit, which was offset by the tax expense related to certain nondeductible items. In addition, discrete items related to the vesting of RSUs recorded in the first quarters of Fiscal 2026 and Fiscal 2025 favorably impacted the effective tax rate for the nine months ended June 30, 2026 and June 30, 2025.