XML 34 R20.htm IDEA: XBRL DOCUMENT v3.23.3
Income Taxes
9 Months Ended
Sep. 30, 2023
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The following table summarizes the provision for income taxes for continuing operations (in thousands) for the three and nine months ended September 30, and the applicable effective tax rates:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023202220232022
Provision for income taxes$14,536 $11,690 $33,268 $26,686 
Effective tax rate27.0 %25.4 %26.7 %25.2 %
The effective tax rate for the three and nine months ended September 30, 2023 and 2022, respectively, was greater than the U.S. federal statutory rate of 21% due to state taxes and nondeductible permanent differences partially offset by favorable discrete item