Income Taxes (Tables)

9 Months Ended

Sep. 30, 2025

Income Tax Disclosure [Abstract]

Effective Income Tax Rate Reconciliation

A reconciliation of the Company’s statutory rate to the effective tax rate (the “ETR”) for the three and nine months ended September 30, 2025 and 2024 is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2025			2024			2025			2024
Statutory tax rate		21.0	%		21.0	%		21.0	%		21.0	%
State taxes, net of federal benefit		6.1	%		6.0	%		6.1	%		6.0	%
Return to provision adjustments		4.4	%		(11.0	%)		1.1	%		(3.7	%)
IRC 987 regulations		—			—			(4.9	%)		—
Equity-based compensation		(0.3	%)		(0.3	%)		0.3	%		(1.7	%)
Uncertain tax position		1.7	%		4.2	%		3.0	%		4.4	%
Tax credits		(11.7	%)		(8.5	%)		(11.7	%)		(8.5	%)
Other		1.5	%		2.4	%		3.2	%		2.5	%
Effective tax rate		22.7	%		13.8	%		18.1	%		20.0	%