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Income Taxes
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes

11. Income Taxes

The Company measures its interim period tax expense using an estimated annual effective tax rate and adjustments for discrete taxable events that occur during the interim period. However, if the Company is unable to make a reliable estimate of its annual effective tax rate, then the actual effective tax rate for the year-to-date period may be the best estimate. For the three and six months ended June 30, 2026, the Company recorded its tax expense based on the actual effective tax rate as it was determined that it was unable to make a reliable estimate of its forecasted effective tax rate. The Company recorded an income tax benefit of $2.0 million and an income tax benefit of $13.4 million for the three and six months ended June 30, 2026, respectively. The Company recorded an income tax benefit of $19.6 million and an income tax provision of $6.8 million for the three and six months ended June 30, 2025, respectively. The tax benefit for the three and six months ended June 30, 2026 decreased by approximately $17.6 million and increased by approximately $20.2 million, respectively, as compared to the same periods in 2025, primarily due to a larger non-deductible goodwill impairment charge in the 2025 periods, and a difference in geographic mix of earnings in 2026 compared to 2025 for both the three and six month periods. Due to the Company’s history of impairments the effect of the non-deductible goodwill impairment was not treated as a discrete item in both the three and six months ended June 30, 2025.