Income Taxes

9 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

During the nine months ended September 30, 2021 and 2022, the Company recorded income tax expense of $13.7 million and $13.6 million, reflecting an effective tax rate of 29.1% and 32.5%, respectively.

The Company had $1.0 million of unrecognized tax benefits as of December 31, 2021 and September 30, 2022. Interest and penalties, including those related to uncertain tax positions, are included in the provision for income taxes in the unaudited condensed consolidated statements of income.

The Company paid $21.8 million and $20.2 million in income taxes during the nine months ended September 30, 2021 and 2022, respectively.

The tax years since 2018 remain open for federal, state, and local taxing jurisdictions in which the Company is subject to taxation.