Income Taxes

6 Months Ended

Mar. 31, 2024

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes    

The effective tax rate for the quarter and six months ended March 31, 2024 was 23.6% and 33.8%, respectively, as compared to 20.6% and 21.0% for the prior year comparative periods, respectively.

The current year rates are higher than prior year as the December 2023 Argentina Reform currency exchange and related losses of $1.0 and $22.0, recorded during the quarter and six months ended March 31, 2024, respectively, were not deductible for tax purposes and did not result in a statutory tax benefit.