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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2024
Income Taxes  
Schedule of effective income tax rate reconciliation

March 31, 

2024

    

2023

Tax at federal statutory rate

21.0

%

21.0

%

State taxes, net

6.1

4.7

Valuation allowance

(5.2)

Permanent items

3.0

1.2

Deductibility limitations on excess compensation

(1.8)

0.1

Other

0.4

(1.1)

Effective income tax rate

28.7

%

20.7

%