Income Taxes (Tables)

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Summary of Provision for Income Taxes

The following table summarizes the provision (benefit) for income taxes:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2023			2022			2023			2022
	(Dollars in thousands)
(Benefit) provision for income taxes	$	(10,244)		$	15,041		$	(10,819)		$	56,260
Pre-tax (loss) income	(32,865)			108,492			(48,660)			388,891
Effective tax rate	31.2		%	13.9		%	22.2		%	14.5		%