Employee Retention Credit

3 Months Ended

Mar. 31, 2025

Government Assistance [Abstract]

Employee Retention Credit

Note 16—Employee Retention Credit

During the three months ended March 31, 2025, the Company received $12.2 million in ERC refunds from the IRS, including $1.6 million in interest payments. At March 31, 2025, the Company has recorded a deferred ERC liability of $12.2 million within “Other accrued expenses and current liabilities” on the Consolidated Balance Sheets and will recognize income once the Company determines reasonable assurance has been obtained. Should the Company receive reasonable assurance over receipt of, and compliance with, the terms of the ERC, the Company would recognize such amounts as an offset to expense within “Costs of services provided” in the Consolidated Statements of Comprehensive Income.