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Income Taxes
9 Months Ended
Sep. 30, 2020
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Income tax expense increased by $6.4 million to $14.1 million for the three months ended September 30, 2020 compared to $7.7 million for the three months ended September 30, 2019. The Company’s effective tax rate ("ETR") was 18.1% for the three months ended September 30, 2020 compared to 20.5% for the three months ended September 30, 2019. The change in the ETR was primarily driven by the impact of the COVID-19 pandemic on the Company's jurisdictional mix of earnings, as well as a reduction of income tax expense related to U.S. taxation of foreign earnings.
Income tax expense decreased by $15.0 million to $21.2 million for the nine months ended September 30, 2020 compared to $36.2 million for the nine months ended September 30, 2019. The Company’s ETR was 21.6% for the nine months ended September 30, 2020 compared to 25.7% for the nine months ended September 30, 2019. The change in the ETR was primarily driven by the impact of the COVID-19 pandemic on the Company's jurisdictional mix of earnings, as well as discrete tax benefits related to both a reduction of foreign withholding taxes and U.S. taxation of foreign earnings, offset by a reduction in tax benefits related to share-based compensation expense.