v3.26.1
Income Taxes
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesIncome tax expenses were $16.9 million and $13.8 million in the six months ended June 30, 2026 and June 30, 2025, respectively. Income tax expenses were $15.7 million and $12.6 million in the three months ended June 30, 2026 and June 30, 2025, respectively. The effective tax rate was 28.8% and 25.7% for the six months ended June 30, 2026 and June 30, 2025, respectively. The effective tax rate was 28.4% and 26.4% for the three months ended June 30, 2026 and June 30, 2025, respectively. The increase in the effective tax rate was primarily driven by the section 162(m) limitation on the deductibility of certain employee compensation that has a disproportionate impact on the quarterly tax rate.