Income Taxes

9 Months Ended

Sep. 30, 2026

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The Company's income tax provision was an expense of $17.6 million, which equates to an effective tax rate of 21.8%, and

benefit of $3.4 million, which equates to an effective tax rate of 154.8%, for the three months ended September 30, 2026 and

2025, respectively. The decrease in the effective tax rate was driven by the pre-tax loss for the three months ended September

30, 2025 and the increase in noncontrolling interest earnings as a percentage of the pre-tax loss. The Company's income tax

provision was an expense of $42.3 million, which equates to an effective tax rate of 21.3%, and $38.1 million, which equates

to an effective tax rate of 19.6%, for the nine months ended September 30, 2026 and 2025, respectively.

At September 30, 2026 and December 31, 2025, the Company had no accrual for unrecognized tax benefits.

As of September 30, 2026, the Company had no ongoing or pending federal examinations for prior years. The Company has

outstanding federal income tax refund claims for the 2016 and 2018 tax years. On June 2, 2026, the Company was notified

that the Joint Committee on Taxation had completed its review of the refund claims and no changes were made to the refund

amounts claimed. In September 2026, the Company received $11.6 million related to the outstanding federal tax refunds plus

interest. The Company's tax years from 2022 through 2025 remain open to examination by federal and state taxing

authorities.