Income Taxes

9 Months Ended

Sep. 30, 2020

Income Tax Disclosure [Abstract]

Income Taxes

13. INCOME TAXES

The Company’s effective income tax rate was 20.3% and 18.0% for the nine months ended September 30, 2020 and 2019, respectively. The higher effective tax rate for the nine months ended September 30, 2020 is primarily related to a decrease in excess tax benefits from stock-based compensation related to vesting events as compared to the nine months ended September 30, 2019.