Income taxes |
6 Months Ended |
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Sep. 30, 2024 | |
| Income Tax Disclosure [Abstract] | |
| Income taxes | Income taxes The Company’s quarterly tax provision is based upon an estimated annual effective tax rate as adjusted for any discrete items. The Company’s income tax provision was $8.9 million and $6.5 million for the three months ended September 30, 2024 and September 30, 2023, respectively, and $8.6 million and $13.1 million for the six months ended September 30, 2024 and September 30, 2023, respectively, with an effective tax rate of 31.9% and 16.3% for the three months ended September 30, 2024 and September 30, 2023, respectively, and an effective tax rate of 11.4% and 13.2% for the six months ended September 30, 2024 and September 30, 2023, respectively. The effective tax rate differs from the U.S. statutory tax rate primarily due to discrete tax benefit related to stock-based compensation.
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