Income Taxes (Tables)

3 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Schedule Of Effective Income Tax Rate Reconciliation

The Company’s income tax (expense) benefit differed from the income tax (expense) benefit computed by applying the U.S. federal statutory corporate income tax rate of 21% for the three months ended March 31, 2019 and 2018, to income (loss) before income taxes as follows:

	Three Months Ended March 31,
	2019			2018
	(In thousands)
Income (loss) before income taxes		($28,032	)		$27,811
Income tax (expense) benefit at the U.S. federal statutory rate	5,887			(5,840		)
State income tax (expense) benefit, net of U.S. federal income tax benefit	248			(319		)
Tax deficiencies related to stock-based compensation	(1,938		)	(2,526		)
Release of valuation allowance	179,146			—
(Increase) decrease in valuation allowance due to current period activity	(3,938		)	8,401
Other	(10		)	(35		)
Income tax (expense) benefit		$179,395			($319	)