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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2023
Income Tax Disclosure [Abstract]  
Summary of Company's Tax Provision and Applicable Tax Rates
The following table sets forth information regarding the Company’s tax provision and applicable tax rates for the periods indicated:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2023202220232022
(Dollars in thousands)
Combined federal and state income tax (benefit) provision$(16,178)$16,650 $(65,619)$43,681 
Effective income tax rate(34.2)%24.0 %41.1 %23.1 %