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Note 9 - Income Taxes
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

9.

Income Taxes

 

The Company files income tax returns in the United States Federal jurisdiction, in a limited number of foreign jurisdictions, and in many state jurisdictions. With few exceptions, the Company is no longer subject to United States Federal, state, or foreign income tax examinations for years before 2018.

 

The Company recorded income tax expense at an estimated effective income tax rate of 26.5% and 27.1% for the three and six months ended June 30, 2023, respectively and 26.1% and 26.4% for the three and six months ended June 30, 2022, respectively. The Company’s estimated effective income tax rates for the three and six months ended June 30, 2023 and 2022 were primarily impacted by non-deductible permanent differences.