XML 23 R13.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Income Taxes
9 Months Ended
Jun. 30, 2024
Income Taxes  
Income Taxes

Note 5.  Income Taxes

Income tax expense for the three and nine months ended June 30, 2023 and 2024 differed from the U.S. federal statutory rate of 21.0%, primarily due to state income taxes, differing tax rates on foreign earnings and discrete tax items that impacted income tax expense in these periods.  The effective tax rate for the three months ended June 30, 2024 was 22.8% on $10,520 of income before income taxes compared to 23.5% on income before income taxes of $11,449 for the three months ended June 30, 2023.  The effective tax rate for the nine months ended June 30, 2024 was 21.4% on $31,008 of income before income taxes compared to 22.2% on income before income taxes of $37,072 for the nine months ended June 30, 2023.