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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Provision for Income Taxes and Effective Income Tax Rates

The provision for income taxes and the effective income tax rates were as follows (dollars in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Provision for income taxes

 

$

4,216

 

 

$

2,537

 

 

$

5,287

 

 

$

3,678

 

Effective income tax rate

 

 

139.6

%

 

 

12.9

%

 

 

(51.0

)%

 

 

11.5

%