Income Taxes

3 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

Income Taxes

13. Income Taxes

We recorded an income tax benefit of $0.8 million for the three months ended March 31, 2020, compared to income tax expense of $0.1 million for the same period in 2019. The decrease in our income tax expense was primarily due to a tax benefit of $1.7 million recorded in the period related to the Coronavirus, Aid, Relief and Economic Security Act, or CARES Act, signed into law on March 27, 2020, which offsets income tax expense related to taxable income earned in certain foreign jurisdictions.

Under the Tax Cut and Jobs Act of 2017, or the Tax Act, federal net operating losses incurred in 2018 and in future years could be carried forward indefinitely, but the deductibility of such federal net operating losses was limited. The CARES Act temporarily removes the limitation on net operating loss deductions, resulting in the $1.7 million tax benefit recorded for the period. The limitation on the deductibility of federal net operating losses is reinstated for tax years beginning after 2020.