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Income taxes - Reconciliation of Income Tax Expense (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
$      
Income before taxes $ 50,848 $ 46,700 $ 26,388
Income taxes at U.S. federal statutory rate 10,678 9,807 5,541
Tax effect of income not subject to entity level federal income tax (3,547) (3,929) (2,034)
Nontaxable or nondeductible items:      
Excess tax (benefit) or deficiency on equity-based compensation (2,146) (3,060) (1,760)
Nondeductible equity-based compensation 721 731 127
Nondeductible excess compensation 691 313 1,028
Meals and entertainment 229 178 152
State income tax expense (benefit), net of federal benefit (100) (6,530) (329)
Other (129) 77 (33)
Income tax expense (benefit) $ 6,397 $ (2,413) $ 2,692
%      
Income taxes at U.S. federal statutory rate 21.00% 21.00% 21.00%
Tax effect of income not subject to entity level federal income tax (7.00%) (8.50%) (7.80%)
Nontaxable or nondeductible items:      
Excess tax (benefit) or deficiency on equity-based compensation (4.20%) (6.60%) (6.70%)
Nondeductible equity-based compensation 1.40% 1.60% 0.50%
Nondeductible excess compensation 1.40% 0.70% 3.90%
Meals and entertainment 0.50% 0.40% 0.60%
State income tax expense (benefit), net of federal benefit (0.20%) (14.00%) (1.20%)
Other (0.30%) 0.20% (0.10%)
Income tax expense (benefit) 12.60% (5.20%) 10.20%