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Income Taxes
 9 Months Ended
Sep. 30, 2024
Income Tax Disclosure [Abstract]  
Income Taxes
Note 5 Income Taxes
The effective tax rate on Income before income (loss) taxes for the three and nine months ended September 30, 2024 was 24.2% and (2.5)%, respectively. These effective tax rates reflect the impacts of recurring tax adjustments including nondeductible interest and compensation expenses as well as the discrete impact of the impairment of certain wireless spectrum licenses and tax impacts of divesting the HMS operations.
The effective tax rate on Income before income taxes for the three and nine months ended September 30, 2023 was 86.0% and 77.4%, respectively. These effective tax rates were higher than normal due primarily to the relatively low amount of Income before income taxes which increased the effective tax rate impact of recurring tax adjustments including nondeductible interest and compensation expenses, as well as discrete increases in state valuation allowances which reduced the net value of deferred tax assets.