INCOME TAXES

6 Months Ended

Jun. 30, 2026

Income Tax Disclosure [Abstract]

INCOME TAXES

INCOME TAXES

During the three months ended June 30, 2026, the Company recorded income tax expense of $20.1 million, representing an effective tax rate of 27.1%, compared with income tax expense of $18.3 million and an effective tax rate of 26.6% for the three months ended June 30, 2025. During the six months ended June 30, 2026, the Company recorded income tax expense of $35.7 million, representing an effective tax rate of 26.5%, compared with income tax expense of $35.2 million and an effective tax rate of 26.5% for the six months ended June 30, 2025. The Company’s effective tax rates for each period exceeded the federal statutory rate of 21.0% primarily due to state income taxes and various non-deductible expenses. The tax expenses consist of quarterly federal and state tax liabilities as well as recognized deferred federal and state tax expense.