XML 115 R97.htm IDEA: XBRL DOCUMENT v3.25.4
Income Taxes - Reconciliation to Effective Income Tax Rate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
Federal income tax at statutory rate $ 47,004    
State and local income taxes, less federal income tax benefit 4,533    
Tax credits (1,854)    
Limitation on officer’s compensation 1,822    
Stock based compensation 169    
Other permanent differences 702    
Non-controlling interest (1,351)    
Other (47)    
Total income tax expense $ 50,978 $ 59,496 $ 57,887
Rate      
Federal income tax at statutory rate 21.00% 21.00% 21.00%
State and local income taxes, less federal income tax benefit 2.00% 4.60% 4.20%
Tax credits (0.80%)    
Limitation on officer’s compensation 0.80%    
Stock based compensation 0.10% 0.00% (0.50%)
Other permanent differences 0.30% 0.70% 0.30%
Non-controlling interest (0.60%) (0.60%) (0.50%)
Deferred income taxes — state income tax rate adjustment   0.00% (0.30%)
Revision to prior years’ estimated taxes   0.30% 0.40%
Other 0.00% (0.30%) (0.70%)
Effective income tax rate 22.80% 25.70% 23.90%