Income Taxes

6 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Income Taxes

13. Income Taxes

We recorded a provision for income tax expense of $4.5 million and $10.8 million for the three and six months ended June 30, 2023, respectively, compared to the recorded provision for income tax benefit of $0.9 million and for income tax expense of $6.0 million for the three and six months ended June 30, 2022, respectively. The Company’s effective income tax rate for the six months ended June 30, 2023 was 25.7% compared to 4.3% for the same period in 2022. The income tax expense for the six months ended June 30, 2023 and 2022 was determined based upon estimates of the Company’s effective income tax rates in various jurisdictions. Our effective tax rate for the six months ended June 30, 2023 included the U.S. federal statutory income tax rate and state income tax rates in different states.