INCOME TAXES |
6 Months Ended |
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Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES During the three months ended June 30, 2026 and 2025, the Company recorded an income tax expense of $0.1 million, resulting in an effective tax rate of 0.5%, and income tax expense of $20.4 million, resulting in an effective tax rate of 39.1%, respectively. During the six months ended June 30, 2026 and 2025, the Company recorded an income tax expense of $3.6 million, resulting in an effective tax rate of 9.6%, and income tax expense of $30.6 million, resulting in an effective tax rate of 34.1%, respectively. The effective tax rate during the six months ended June 30, 2026 was impacted by the Company’s global mix of earnings in the current year, lower pretax book income and higher tax credit utilization in Nigeria. The effective tax rate during the six months ended June 30, 2025 was impacted by the Company’s global mix of earnings and deductible business interest expense, partially offset by the recognition of certain deferred tax assets.
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- References No definition available.
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- Definition The entire disclosure for income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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