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Income Taxes
3 Months Ended
Mar. 31, 2020
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXESFor interim periods, the tax provision is generally determined utilizing an estimate of the Company’s annual effective tax rate adjusted for discrete items, if any. Due to the Company's year-to-date loss and forecasted loss for the year, the tax benefit for the loss for the three months ended March 31, 2020 was limited to the expected annual tax benefit for the year ended December 31, 2020. The Company’s effective tax rate was 10% and 22% for the three months ended March 31, 2020, and 2019, respectively. The decrease in the effective tax rate was primarily due to limiting the tax benefit for the quarter to the expected annual tax benefit. The Company’s effective tax rate will also generally differ from the U.S. Federal statutory rate of 21%, due to state taxes, permanent items including amounts disallowed under §162(m) of the Internal Revenue Code, the Company’s global tax strategy, and the inclusion of global intangible low taxed income and the corresponding foreign tax credit.