Income Taxes |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The effective income tax rate was 28.4% and 26.5% for the three and nine months ended September 30, 2026, respectively, and (158.3)% and (25.0)% for the three and nine months ended September 30, 2025, respectively. The difference in effective tax rate between the periods was primarily attributable to mix of earnings. The effective income tax rate differs from the U.S. statutory rate of 21% due primarily to U.S. federal income tax permanent differences and the impact of valuation allowances. Many countries have incorporated Pillar Two global minimum tax rules into their domestic laws. Pillar Two legislation was effective for the Company for the year ended December 31, 2025. For the three and nine months ended September 30, 2026, there was no impact from Pillar Two on our unaudited condensed consolidated financial statements.
|