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

    

Three months ended September 30, 

    

Nine months ended September 30, 

 

    

2022

    

2021

    

2022

    

2021

    

Federal statutory rate

21.0

%  

21.0

%  

21.0

%  

21.0

%  

State income taxes, net of federal benefit

4.9

4.3

 

4.8

 

4.3

 

Non-deductible executive compensation

2.3

1.4

 

1.3

 

1.5

 

Acquisition of remaining Optimal Blue interests(1)

(9.3)

Redeemable noncontrolling interests

0.4

2.5

 

0.2

 

1.8

 

Tax credits

(13.3)

(5.2)

 

(7.6)

 

(5.3)

 

Restricted share vesting

(0.5)

 

(0.4)

 

(4.5)

 

Other

3.2

1.5

 

1.6

 

1.6

 

Effective tax rate

18.0

%  

25.5

%  

11.6

%  

20.4

%