INCOME TAXES

6 Months Ended

Mar. 31, 2024

INCOME TAXES

INCOME TAXES

7. INCOME TAXES

The change in the Company’s effective income tax rate for the three- and six-month periods ended March 2024 as compared to the respective prior year periods was primarily related to non-deductible compensation expense in relation to the amount of income from operations before income tax expense and higher effective state income tax rates between the comparative periods.