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INCOME TAXES
 6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
For the three months ended June 30, 2024, the Company recognized income tax expense of $9.8 million compared to $24.3 million for the same period in the prior year. The Company recognized income tax expense of $16.2 million in the first six months of 2024 compared to $38.2 million for the same period in the prior year. The effective tax rates for the first six months of 2024 and 2023 were 25.4% and 23.3%, respectively. For the first six months of 2024, the effective tax rate differs from the U.S. Federal statutory rate of 21% primarily due to the impact of state taxes. For the first six months of 2023, the effective tax rate differs from the U.S. Federal statutory rate of 21% primarily due to the impact of state taxes net of discrete items incurred related to stock-based compensation.