A reconciliation between the income tax provision at the U.S. statutory tax rate and the Company’s income tax provision on the condensed consolidated statements of income and comprehensive income is below (in thousands, except for tax rates):


	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
Income before income taxes	$	6,431		$	16,368		$	7,897		$	27,743
U.S statutory tax rate	21		%	21		%	21		%	21		%
Income tax expense at statutory rate	1,351			3,437			1,658			5,826

State and local income taxes, net of federal income tax effect	546			1,273			667			2,140
Foreign tax effects:
Mexico
Statutory tax rate difference between Mexico and the United States	36			42			40			61
Return to provision adjustments	—			—			347			—
Other foreign jurisdictions	33			144			40			224
Non-taxable or Non-deductible expenses:
Share-based compensation	(121)			152			(72)			249
Non-deductible officer compensation	266			272			307			427
Other non-deductible expenses	13			25			15			43
Other	102			16			179			(3)
Total income tax provision	$	2,226		$	5,361		$	3,181		$	8,967