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INCOME TAXES
 6 Months Ended
Jun. 30, 2026
INCOME TAXES [Abstract]  
INCOME TAXES
13.
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,
 
    
2026
    
2025
    
2026
    
2025
 
(in thousands, except percentages)
                   
Provision for income taxes
 $12,415   $5,878   $24,215   $12,424 
Effective tax rate
  24.7%   14.7%   22.6%   16.9%
 
The effective tax rate for the three and six months ended June 30, 2026 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, 2025 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, 2025.