Income Taxes

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Income Taxes

11. Income taxes

The Company’s income tax expense and effective tax rate for the three months ended March 31, 2022 and 2021, were as follows (in thousands, except percentages):

	Three Months Ended March 31,
	2022			2021
Income tax expense	$	6,530		$	41
Effective tax rate		36	%		0	%

The tax rate is affected by the Company being a U.S. resident taxpayer, the tax rates in the U.S. and other jurisdictions in which the Company operates, the relative amount of income earned by jurisdiction and the relative amount of losses or income for which no benefit or expense is recognized due to a valuation allowance. The Company’s effective tax rate for the three months ended March 31, 2022 and 2021, also includes net discrete expense of $1.8 million and net discrete benefit of $3.6 million, respectively, primarily related to changes in tax laws, withholding taxes on royalties, changes in reserves, changes in accruals for unremitted earnings and other adjustments.