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Income Taxes
 6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes
17.
Income Taxes

The provision for income taxes for the three months ended June 30, 2025 and 2024 reflects effective tax rates of 24.1% and 24.1%, respectively, and 26.0% and 22.3% for the six months ended June 30, 2025 and 2024, respectively. The increase in the effective tax rate for the six months ended June 30, 2025 was primarily attributable to the Company’s lower pre-tax results for the six months ended June 30, 2025, which yields higher volatility in the items impacting the effective tax rate when compared to prior periods and decreased deductions related to equity-based compensation in the current year. In addition, the six months ended June 30, 2024 included a tax benefit related to a legal entity restructuring.

As the Company continues to monitor the implications of potential tax legislation in each of its jurisdictions, the Company may adjust estimates and record additional amounts for tax assets and liabilities. Any adjustments to the Company’s tax assets and liabilities could materially impact the provision for income taxes and its effective tax rate in the periods in which they are made.