INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2024

INCOME TAXES

Schedule of reconciliation of the federal statutory corporate tax rate to the Company's effective tax rate

A reconciliation of the federal statutory corporate tax rate to the Company’s effective tax rate is as follows:

	Three Months Ended		Three Months Ended
	March 31, 2024		March 31, 2023
U.S. statutory federal tax rate	21.0	%	21.0	%
State tax, net of federal tax	0.8	%	0.1	%
Stock options	—	%	(1.0)	%
Section 162(m); Limit on Compensation	1.8	%	—	%
Return-to-provision and other	(7.0)	%	(1.2)	%
Effective tax rate	16.6	%	18.9	%