Quarterly report [Sections 13 or 15(d)]

INCOME TAXES

v3.26.1
INCOME TAXES
3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES

10. INCOME TAXES

 

The following table summarizes income tax expense on income from continuing operations and the effective tax rate for the three-month periods ended March 31, 2026 and 2025:

 

         
    Three Months Ended  
    March 31,  
    2026     2025  
             
Provision for income tax   $ 302     $ 18  
Effective income tax rate     26.7 %     1.0 %

 

Income tax expense for the three months ended March 31, 2026 was primarily due to the Company’s net income for the three months ended March 31, 2026 and its deferred tax expense. Income tax expense for the three months ended March 31, 2025 was primarily due to state and federal income taxes.

 

Other long-term liabilities consisted of uncertain tax positions as of March 31, 2026 and December 31, 2025.