XML 31 R21.htm IDEA: XBRL DOCUMENT v3.23.2
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
Summary of Effective Tax Rate

The following table summarizes our effective tax rate for the periods presented (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Income before income taxes

 

$

9,736

 

 

$

21,093

 

 

$

28,577

 

 

$

50,059

 

Provision for income taxes

 

 

2,433

 

 

 

4,820

 

 

 

7,102

 

 

 

11,218

 

Effective tax rate

 

 

25.0

%

 

 

22.9

%

 

 

24.9

%

 

 

22.4

%