XML 86 R65.htm IDEA: XBRL DOCUMENT v3.25.4
Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
U.S. federal statutory tax rate $ 54,740 $ 62,849 $ 55,094
State income taxes (excluding rate change) 4,725 6,113 3,999
Foreign income taxes (net of foreign tax credit) 2,265 2,646 1,918
Effect of cross-border tax laws 4,146    
Foreign tax credits (6,043)    
Other tax credits (350)    
Change in valuation allowance 2,320 0 (12,067)
Executive Compensation Limited 2,622    
Income allocable to non-controlling interest (7,739) (10,293) (9,951)
Other 2,341    
Total provision for income taxes $ 59,027 $ 66,518 $ 47,536
Percent      
U.S. federal statutory tax rate 21.00%    
State and local income taxes, net of federal income tax effect 1.80%    
Foreign tax effects 0.90%    
Effect of cross-border tax laws 1.60%    
Foreign tax credits (2.30%)    
Other tax credits (0.10%)    
Valuation allowance - foreign tax credits 0.90%    
Executive Compensation Limited 1.00%    
Income allocable to non-controlling interest (3.00%)    
Other 0.80%    
Total provision for income taxes and effective tax rate 22.60% 22.20% 18.10%