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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2022
Income Taxes  
Reconciliation of the Effective Tax Rate

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Three months ended September 30, 

    

Nine months ended September 30, 

 

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2022

    

2021

    

2022

    

2021

    

Federal statutory rate

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21.0

%  

21.0

%  

21.0

%  

21.0

%  

State income taxes, net of federal benefit

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4.9

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4.3

 

4.8

 

4.3

 

Non-deductible executive compensation

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2.3

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1.4

 

1.3

 

1.5

 

Acquisition of remaining Optimal Blue interests(1)

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—

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—

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(9.3)

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—

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Redeemable noncontrolling interests

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0.4

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2.5

 

0.2

 

1.8

 

Tax credits

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(13.3)

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(5.2)

 

(7.6)

 

(5.3)

 

Restricted share vesting

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(0.5)

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—

 

(0.4)

 

(4.5)

 

Other

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3.2

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1.5

 

1.6

 

1.6

 

Effective tax rate

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18.0

%  

25.5

%  

11.6

%  

20.4

%