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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2021
Income Tax Disclosure [Abstract]  
Summary of Income Tax Expense and Effective Income Tax Rate

The following table presents the Company’s income tax expense and effective income tax rate:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Income tax expense (benefit)

 

$

2,766

 

 

$

(1,824

)

Effective income tax rate

 

 

23.8

%

 

 

33.9

%