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Income Taxes
3 Months Ended
Mar. 31, 2023
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesIn determining the quarterly provision for income taxes, management uses an estimated annual effective tax rate based on forecasted annual pre-tax income, permanent tax differences, statutory tax rates and tax planning opportunities in the various jurisdictions in which the Company operates. The effect of significant discrete items is separately recognized in the quarter(s) in which they occur. For the three month periods ended March 31, 2023 and 2022, the Company’s consolidated effective tax rates were 35.7% and 27.3%, respectively. The Company’s effective tax rate for the three month period ended March 31, 2023 included the effects of a net tax benefit of approximately $8.8 million related to the vesting of share-based payment awards and an increase in non-deductible expenses, and for the three month period ended March 31, 2022, included a net benefit of approximately $0.9 million related to the vesting of share-based payment awards.