Quarterly report pursuant to Section 13 or 15(d)

Income Taxes (Tables)

v3.24.3
Income Taxes (Tables)
9 Months Ended
Sep. 30, 2024
Income Tax Disclosure [Abstract]  
Schedule of Loss before Income Tax Provision (Benefit)
The following table presents the calculation for the Company’s effective tax rate:

  Three Months Ended Nine Months Ended
  September 30, September 30,
  2024 2023 2024 2023
(in thousands, except for effective tax rate)
Income (loss) before income tax provision (benefit) and equity method investments $ 2,729 $ (1,400) $ (73,279) $ (37,780)
Loss from equity method investments (1,526) (2,368) (3,327) (7,694)
Income (loss) before income tax provision (benefit)
$ 1,203 $ (3,768) $ (76,606) $ (45,474)
Income tax provision (benefit) $ 2,864 $ (8,824) $ 3,717 $ 15,363
Effective tax rate 238.1% 234.2% (4.9)% (33.8)%