XML 108 R92.htm IDEA: XBRL DOCUMENT v3.25.4
Income Taxes - Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Federal income tax at statutory rate $ 57,290    
State and local income taxes, less federal income tax benefit 8,536    
R&D credits (1,145)    
Other tax credits (2,174)    
Limitation on officers’ compensation 3,535    
Stock-based compensation 1,306    
Noncontrolling interest (14,346)    
Other 5,214    
Total income tax expense from continuing operations $ 58,216 $ 44,782 $ 29,253
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Federal income tax at statutory rate 21.00% 21.00% 21.00%
State and local income taxes, less federal income tax benefit 3.10% 6.50% 11.80%
Permanent differences   1.70% 1.80%
Deferred income taxes — state income tax rate adjustment   0.00% (3.00%)
Deferred income taxes - covered employee adjustment   0.90% 0.00%
Valuation allowance   1.50% (1.80%)
Limitation on officers’ compensation   15.80% 7.40%
Tax credits   (1.60%) (2.70%)
Stock-based compensation   (5.40%) (1.20%)
R&D credits (0.40%)    
Other tax credits (0.80%)    
Limitation on officers’ compensation 1.30%    
Stock-based compensation 0.50%    
Noncontrolling interest (5.30%) (15.00%) (12.20%)
Other   0.20% (0.20%)
Other 1.90%    
Effective income tax rate 21.30% 25.60% 20.90%