Income Taxes

3 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Income Taxes

9. Income Taxes

The following table summarizes the Company’s income tax (benefit) and effective income tax rate for the three months ended December 31, 2023 and 2022.

	Three Months Ended December 31,
	2023			2022
(Loss) before income taxes	$	(22.1	)	$	(24.4	)
Income tax (benefit)		(5.7	)		(5.5	)
Effective income tax rate		25.8	%		22.5	%

The increase in the effective tax rate for the three months ended December 31, 2023 when compared to the three months ended December 31, 2022, is primarily attributable to the increase in valuation allowance for separate state attributes as well as the reduction in expense related to the vesting of restricted stock units.