Income Taxes (Tables)

3 Months Ended

Mar. 31, 2026

Income Tax Disclosure [Abstract]

Reconciliation of Income Taxes

The effective tax rates for the three months ended March 31, 2026 and 2025, differ from the statutory U.S. federal income tax rate of 21% primarily due to the state income taxes, excess tax benefits and other discrete items.

	Three Months Ended March 31,
(in thousands)	2026		2025
Expected tax benefit at federal statutory rate	$	(4,170)	$	(2,153)
State income tax benefit, net of federal tax effect	(1,059)		(553)
Excess tax deficiency from share-based compensation and other expense, net	1,121		1,587
Income tax benefit	$	(4,108)	$	(1,119)