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INCOME TAXES
 3 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
Income tax expense was $17.7 million on pre-tax income of $52.4 million for the three months ended March 31, 2025, as compared to income tax expense of $11.4 million on pre-tax income of $44.9 million in the comparable prior year period. The effective income tax rate for the three months ended March 31, 2025 was 33.8% compared to 25.4% in the comparable prior year period.
The effective tax rate for the three months ended March 31, 2025 varied from the effective tax rate in the comparable prior year period due primarily to permanent differences for which the Company has not recognized a tax benefit.
The effective tax rate for the three months ended March 31, 2025 varied from the U.S. statutory rate due primarily to permanent differences for which the Company has not recognized a tax benefit and losses in tax jurisdictions with existing valuation allowances.