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Taxes on Income (Tables)
6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Earnings Before Taxes

Earnings (loss) before taxes on income and details of the provision (benefit) for taxes on income were as follows (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Earnings (loss) before taxes on income:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

111,091

 

 

$

76,162

 

 

$

202,745

 

 

$

130,025

 

Foreign

 

 

(324

)

 

 

116

 

 

 

(337

)

 

 

925

 

 

$

110,767

 

 

$

76,278

 

 

$

202,408

 

 

$

130,950

 

Provision (benefit) for taxes on income:

 

 

 

 

 

 

 

 

 

 

 

 

Federal:

 

 

 

 

 

 

 

 

 

 

 

 

Current

 

$

9,337

 

 

$

 

 

$

19,956

 

 

$

 

Deferred

 

 

14,196

 

 

 

16,466

 

 

 

22,278

 

 

 

28,199

 

State and local:

 

 

 

 

 

 

 

 

 

 

 

 

Current

 

 

2,935

 

 

 

1,310

 

 

 

4,557

 

 

 

2,577

 

Deferred

 

 

319

 

 

 

1,199

 

 

 

1,648

 

 

 

2,039

 

Foreign - current

 

 

(2

)

 

 

(15

)

 

 

72

 

 

 

196

 

 

$

26,785

 

 

$

18,960

 

 

$

48,511

 

 

$

33,011