v3.24.2.u1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Reconciliation of Statutory Federal Income Tax Rate to Our Effective Rate for Continuing Operations

A reconciliation of the statutory federal income tax rate to our effective rate for continuing operations is provided below:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Statutory federal income tax rate

 

21.0

%

 

 

21.0

%

 

 

21.0

%

 

 

21.0

%

State income taxes, net of federal income tax

 

2.5

 

 

 

2.6

 

 

 

2.5

 

 

 

2.5

 

Stock-based compensation windfall benefit

 

(2.3

)

 

 

(0.9

)

 

 

(3.2

)

 

 

(1.5

)

Permanent differences and other

 

0.1

 

 

 

0.1

 

 

 

0.7

 

 

 

0.2

 

 

 

21.3

%

 

 

22.8

%

 

 

21.0

%

 

 

22.2

%