v3.26.1
Income Taxes and Tax Receivable Agreement (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Calculation of Effective Tax Rate

The calculation of the Company’s effective tax rate was as follows for the three and six months ended June 30, 2026 and 2025:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Income before income taxes

 

$

16,766

 

 

$

7,135

 

 

$

27,342

 

 

$

8,925

 

Income tax expense

 

$

2,211

 

 

$

10

 

 

$

3,266

 

 

$

89

 

Effective tax rate

 

 

13.19

%

 

 

0.14

%

 

 

11.94

%

 

 

1.00

%