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INCOME TAXES
6 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXESFor the three months ended June 30, 2023, the Company recognized income tax expense of $24.3 million compared to $7.6 million for the same period in the prior year. The Company recognized income tax expense of $38.2 million in the first six months of 2023 compared to $10.7 million for the same period in the prior year. The effective tax rates for the first six months of 2023 and 2022 were 23.3% and 23.5%, respectively. For the first six months of 2023 and 2022, the effective tax rate differs from the U.S. Federal statutory rate of 21% primarily due to the impact of state and local taxes net of discrete items incurred related to stock-based compensation.