INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Total Income Tax Provision (Benefit)

The Company is subject to U.S. federal income tax and the Texas margin tax. Income tax expense included in the condensed consolidated financial statements in this Form 10-Q is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2023			2022			2023			2022
	(In thousands)
Income before income taxes	$	71,979		$	131,610		$	76,694		$	153,675
Income tax expense	$	311		$	162		$	727		$	838
Effective tax rate	0.43		%	0.12		%	0.95		%	0.55		%