v3.25.4
Income Taxes - Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Jul. 04, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]        
Income before income tax expense   $ 54,444 $ 283,666 $ 551,419
Amount        
U.S. federal statutory tax rate   11,433 59,570 115,798
State and local income taxes, net of federal income tax effect [1]   226 2,370 1,508
Foreign-derived intangible income deduction   (4,325) (12,118) (26,077)
Marginal well tax credits   (4,739) (4,943) 0
Percentage depletion   (12,193) (14,400) (21,811)
Executive compensation limitation   6,137 4,595 3,548
Other adjustments   907 (2,011) (176)
Tax (benefit) expense recognized   $ (2,554) $ 33,063 $ 72,790
Rate        
U.S. federal statutory tax rate 14.00% 21.00% 21.00% 21.00%
State and local income taxes, net of federal income tax effect [1]   0.40% 0.80% 0.30%
Foreign-derived intangible income deduction (33.34%) (7.90%) (4.30%) (4.70%)
Marginal well tax credits   (8.70%) (1.70%) 0.00%
Percentage depletion   (22.40%) (5.10%) (4.00%)
Executive compensation limitation   0.113 0.016 0.006
Other adjustments   1.70% (0.70%) 0.00%
Effective tax rate (as a percent)   (4.70%) 11.70% 13.20%
[1] State taxes in the state of Alabama for all years presented made up the majority (greater than 50%) of the tax effect in this category.