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Income Taxes
3 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesIn determining the quarterly provision for income taxes, management uses an estimated annual effective tax rate based on forecasted annual pre-tax income, permanent tax differences, statutory tax rates and tax planning opportunities in the various jurisdictions in which the Company operates. The effect of significant discrete items is separately recognized in the quarter(s) in which they occur. For the three month periods ended March 31, 2022 and 2021, the Company’s consolidated effective tax rates were 27.3% and 30.7%, respectively. The Company’s effective tax rate for the three month period ended March 31, 2022 included a net tax benefit of approximately $0.9 million related to the vesting of share-based payment awards, and for the three month period ended March 31, 2021, included the negative effect of $2.3 million related to non-deductible share-based compensation.