XML 74 R63.htm IDEA: XBRL DOCUMENT v3.24.0.1
Income Taxes - Summary of Reconciliation of U.S. Federal Statutory Income Tax Rate and Effective Income Tax Rate (Details)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Tax Disclosure [Abstract]      
U.S. statutory federal tax rate 21.00% 21.00% 21.00%
State and local income taxes – net of federal tax benefits 3.89% 2.85% (5.32%)
Foreign rate difference 0.59% 0.67% 3.25%
Change in valuation allowances 0.83% (1.06%) (2.72%)
GILTI inclusion 0.00% 1.41% 7.92%
Transaction cost 0.31% 0.00% 5.21%
Share-based compensation 3.36% 0.62% 5.82%
Rate change impact (0.66%) (0.43%) 2.23%
US research and development credit (3.96%) (1.44%) (7.15%)
Withholding tax 0.65% 0.38% 5.34%
Return-to-provision adjustment (3.56%) 0.00% 0.00%
Other 0.62% 0.07% (0.01%)
Effective tax rate 23.07% 24.07% 35.57%