XML 26 R16.htm IDEA: XBRL DOCUMENT v3.23.1
Income Taxes
3 Months Ended
Mar. 31, 2023
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company’s income tax expense was $3.1 million and $3.4 million for the three months ended March 31, 2023 and 2022, respectively. The effective income tax rate was 29.0% and 29.1% for the three months ended March 31, 2023 and 2022, respectively.
The Company is subject to U.S. Federal income tax as well as various state taxing jurisdictions. The Company is no longer subject to examination by Federal taxing authorities for tax years prior to 2019 and for state taxing authorities for tax years prior to 2018.
There were no significant unrealized tax benefits recorded as of March 31, 2023 and 2022, and the Company does not expect any significant increase in unrealized tax benefits in the next twelve months.