Income Taxes |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | 8. Income Taxes Income taxes were $49.5 million and $31.7 million for the three months ended September 30, 2026 and 2025, respectively, and $102.7 million and $81.9 million for the nine months ended September 30, 2026 and 2025, respectively. The effective income tax rate was 46.4% and 42.4% for the three months ended September 30, 2026 and 2025, respectively, and 52.8% and 36.5% for the nine months ended September 30, 2026 and 2025, respectively. The increase in the effective tax rate for the three months ended September 30, 2026 as compared to the same period in 2025, was primarily due to unfavorable changes from discrete events, partially offset by the changes in the geographic mix of the Company’s income. The increase in the effective tax rate for the nine months ended September 30, 2026 as compared to the same period in 2025, was primarily due to changes in the geographic mix of the Company’s income, partially offset by favorable changes from discrete events. As of September 30, 2026, the total amount of unrecognized tax benefits, including related interest and penalties, was $46.1 million. If the total amount of unrecognized tax benefits was recognized, $34.5 million of unrecognized tax benefits, $7.8 million of interest, and $1.0 million of penalties would impact the effective tax rate. |