INCOME TAXES

3 Months Ended

Jun. 30, 2024

INCOME TAXES [Abstract]

INCOME TAXES

13. INCOME TAXES

Our provision for income tax expense was $10.2 million for the three months ended June 30, 2024, as compared to $12.7 million for the same three-month period in the prior year. Our effective income tax rate for the three months ended June 30, 2024, and 2023, were both 27.2%. The effective tax rate for the three months ended June 30, 2024, and June 30, 2023, differed from the US federal statutory rate of 21.0% primarily due to state and local income taxes.