Quarterly report [Sections 13 or 15(d)]

Income Taxes (Tables)

v3.26.1
Income Taxes (Tables)
3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Schedule of Calculation of Effective Tax
The calculation of our effective tax rate was as follows for the three months ended March 31, 2026 and 2025 (in thousands, except percentages):
Three Months Ended
March 31,
2026 2025
Income before income taxes $ 183,564  $ 154,394 
Income tax expense $ 40,662  $ 33,742 
Effective tax rate 22.2  % 21.9  %