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Income Taxes
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes

12. Income Taxes

The Company’s effective tax rate was 30.5% and 26.4% for the quarter and nine months ended September 30, 2025, respectively compared to 15.4% and 56.4% for the quarter and nine months ended September 30, 2024. The effective income tax rate for the current year was different than the Company's statutory rate primarily due to state taxes and the benefit related to the termination of the Company's pension plan. The effective income tax rate for the prior year was different than the Company’s statutory rate, primarily due to non-deductible goodwill impairment charges, state taxes and non-deductible transaction costs related to the Signature acquisition.

The Company and its subsidiaries file U.S. Federal, state and local, and non-U.S. income tax returns. As of September 30, 2025, the Company is no longer subject to U.S. Federal examination by tax authorities for tax years before 2021. The Company is subject to state and local examinations for tax years of 2020 through 2023. In addition, the Company is subject to non-U.S. income tax examinations for tax years of 2021 through 2024.