Income Taxes |
6 Months Ended |
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Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The Company’s provision for income taxes for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items, if any, that arise during the period. Each quarter, the Company updates its estimate of the annual effective tax rate, and if the estimated annual effective tax rate changes, the Company makes a cumulative adjustment in such period. The effective tax rate was 24.5% and 25.9% for the three months ended June 30, 2026 and 2025, respectively, and 24.9% and 26.7% for the six months ended June 30, 2026 and 2025, respectively. The lower effective tax rates in 2026 for both periods were due to changes in the jurisdictional mix of earnings and a reduction in foreign losses subject to a valuation allowance.
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