INCOME TAXES

6 Months Ended

Jun. 30, 2021

INCOME TAXES [Abstract]

INCOME TAXES

8. INCOME TAXES

The provision for income taxes for the three months ended June 30, 2021 and 2020 was $0.7 million, or 23.1% of pretax income, and approximately $0.1 million, or 6.0% of pretax income, respectively.  The provision for income taxes for the six months ended June 30, 2021 and 2020 was $2.0 million, or 22.2% of pretax income, and approximately $0.1 million, or 11.5% of pretax loss, respectively.  The increase for the six months ended June 30, 2021 compared to the six months ended June 30, 2020 was due to the reversal of a full valuation allowance at December 31, 2020, resulting in an effective tax rate of 22.2% for the six months ended June 30, 2021.