Income Taxes |
9 Months Ended |
|---|---|
Sep. 30, 2025 | |
| Income Taxes [Abstract] | |
| INCOME TAXES | NOTE 10—INCOME TAXES
Income tax provisions for interim periods are generally based on an estimated annual effective income tax rate calculated separately from the effect of significant, infrequent, or unusual items related specifically to interim periods. The income tax impacts of discrete items are recognized in the period these occur.
Our effective tax rate for the three months ended September 30, 2025 and 2024 was 19.9% benefit and 9.3% expense, respectively, excluding the impact of discrete items. Our effective tax rate for the nine months ended September 30, 2025 and 2024 was 22.2% benefit and 28.0% expense, respectively, excluding discrete items. Discrete items for the periods included items for management compensation and stock-based compensation. |