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Income Tax Provision (Tables)
 6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of Information Related to Income Tax Expense

The table below sets forth information related to our income tax expense:

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Domestic pre-tax income (loss)

$

75,626

 

 

$

(2,251

)

 

$

90,249

 

 

$

(3,825

)

Foreign pre-tax (loss) income

$

(22,403

)

 

$

15,055

 

 

$

(39,793

)

 

$

35,435

 

Income tax provision

$

9,063

 

 

$

2,643

 

 

$

9,083

 

 

$

6,180

 

Effective tax rate

 

17.0

%

 

 

20.6

%

 

 

18.0

%

 

 

19.6

%

Impact of tax holidays on tax expense

$

(289

)

 

$

296

 

 

$

(463

)

 

$

203

 

Earnings per share impact of tax holidays:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.01

 

 

$

-

 

 

$

0.01

 

 

$

-

 

Diluted

$

0.01

 

 

$

-

 

 

$

0.01

 

 

$

-