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Income Taxes
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The income tax provision was $34.2 million for the three-month period ended September 30, 2025, as compared to $32.3 million for the same period in 2024. The increase in the income tax provision was primarily due to increased U.S. pre-tax income in 2025. The effective tax rate was 24.4% for the three-month period ended September 30, 2025, as compared to 26.3% for the same period in 2024. The decrease in the effective tax rate was primarily due to research and development credits submitted in 2025.
The income tax provision was $100.5 million for the nine-month period ended September 30, 2025, as compared to $84.7 million for the same period in 2024. The increase in the income tax provision was primarily due to an increase in U.S. income tax due to increased U.S. pretax income in 2025 ($8.5 million) and a net tax benefit associated with the 2024 impairment on a foreign indefinite-lived intangible asset ($7.8 million). The effective tax rate was 24.7% for the nine-month period ended September 30, 2025, as compared to 31.5% for the same period in 2024. The decrease in the effective tax rate was primarily due to the impact in 2024 of the valuation allowance on foreign deferred tax assets and the impairment of a foreign indefinite-lived intangible asset.