v3.26.1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Reconciliation Between Federal Statutory Rate and Effective Income Tax Rate
The reconciliation between the Federal Statutory Rate and the effective income tax rate for the six months ended June 30, 2026 and 2025 is as follows:
Six months ended June 30,
20262025
United States Federal Statutory Rate21.0 %21.0 %
State income taxes (net of Federal benefits) 12.4 2.5 
Foreign income taxes(2.1)(10.0)
Nontaxable or nondeductible items(2.2)(0.1)
Utilization of tax credits(0.1)1.3 
Changes in valuation allowances(5.4)(34.0)
United States tax on foreign income1.8 1.9 
Impairment expense4.2 — 
Change in unrecognized tax benefits5.3 — 
Tax effect - sale of Sterno 15.4 — 
Other0.4 (0.6)
Effective income tax rate50.7 %(18.0)%