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INCOME TAXES
 6 Months Ended
Jun. 30, 2025
INCOME TAXES [Abstract]  
INCOME TAXES
12.      INCOME TAXES
 
The Company uses the estimated annual effective tax rate approach as prescribed by ASC 740-270, Interim Reporting, to calculate its interim provision for income taxes.
 
                     
  Three Months Ended June 30,   Six Months Ended June 30,
(in thousands, except percentages)
  2025      2024       2025      2024  
Provision for income taxes
$5,878   $3,789    $12,424   $4,384 
Effective tax rate
 14.7%   10.6%    16.9%   8.1%
 
The effective tax rate for the three and six months ended June 30, 2025, differed from the federal statutory rate primarily due to the excess tax benefits on stock-based compensation. The effective tax rate for the three and six months ended June 30, 2024 differed from the federal statutory tax rate primarily due to the valuation allowance maintained on the Company's federal and state net deferred tax assets until December 31, 2024.