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INCOME TAXES
 6 Months Ended
Jun. 30, 2023
INCOME TAXES  
INCOME TAXES

NOTE 7—INCOME TAXES

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The Company’s effective tax rate for the three and six months ended June 30, 2023 was 37.1% and 34.7%, respectively, based on pretax income of $3.7 million and $8.9 million, respectively. The Company’s effective tax rate for the quarter ended June 30, 2023 was impacted by non-deductible expenses and earnings and losses in certain foreign jurisdictions and the impact of the vesting of restricted stock units. The Company’s effective tax rate for the three and six months ended June 30, 2022 was 25.7% and 28.9%, respectively. The difference is primarily due to the impact of earnings  and losses in  certain foreign jurisdictions and the impact of the vesting of restricted stock units.