Income Taxes

3 Months Ended

Mar. 31, 2026

Income Tax Disclosure [Abstract]

Income Taxes

Note 15. Income Taxes

Our provision for income taxes in interim periods is based on our estimated annual effective tax rate plus the impact, if any, of discrete items recognized in the interim period. We record cumulative adjustments in the quarter in which a change in the estimated annual effective rate is determined.

The income tax expense was $0.6 million and $0.5 million for the three months ended March 31, 2026 and 2025, respectively. The difference in income tax expense for the three months ended March 31, 2026 as compared to the corresponding period in 2025 was driven primarily by an increase in net income from continuing operations before tax and discrete items, including a New Zealand return to provision true-up during the three months ended March 31, 2025.