INCOME TAXES |
9 Months Ended |
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Sep. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES The tax provision for interim periods is determined using an estimate of the Company’s annual effective tax rate, adjusted for discrete items arising during interim periods. For the three months ended September 30, 2026 and 2025, the Company’s effective tax rate was 21.5% and 26.9%, respectively. The Company’s effective tax rate differed from the U.S. statutory tax rate primarily due to limitations on the deductibility of officer compensation. For the three months ended September 30, 2026, the Company recorded income tax expense of $5.3 million. For the three months ended September 30, 2025, income tax expense recorded was not material. For the nine months ended September 30, 2026 and 2025, the Company’s effective tax rate was 20.5% and 39.1%, respectively. The Company’s effective tax rate for the nine months ended September 30, 2026 differed from the U.S. statutory tax rate primarily due to a tax benefit related to stock-based compensation, partially offset by limitations on the deductibility of officer compensation. The Company's effective tax rate for the nine months ended September 30, 2025 differed from the U.S. tax rate primarily due to state taxes and limitations on the deductibility of officer compensation. For the nine months ended September 30, 2026 and 2025, the Company recorded income tax expense of $13.9 million and $10.1 million, respectively.
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