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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2020
Income Tax Disclosure [Abstract]  
Schedule of Provision for Income Taxes

The provision for income taxes consists of the following:

 

 

Three Months Ended March 31,

 

 

2020

 

 

2019

 

Current:

(In thousands)

 

Federal

$

7,766

 

 

$

6,524

 

State and local

 

2,910

 

 

 

1,393

 

Foreign

 

3,447

 

 

 

2,771

 

Total current provision

 

14,123

 

 

 

10,688

 

Deferred:

 

 

 

 

 

 

 

Federal

 

1,905

 

 

 

1,602

 

State and local

 

352

 

 

 

249

 

Foreign

 

506

 

 

 

159

 

Total deferred provision

 

2,763

 

 

 

2,010

 

Provision for income taxes

$

16,886

 

 

$

12,698

 

 

 

 

 

 

 

 

 

Effective tax rate

 

18.4

%

 

 

19.5

%