Income Tax

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Income Tax

Income Tax

The Company’s income tax expense was $3.4 million and $2.1 million for the three months ended March 31, 2022 and 2021, respectively. The effective income tax rate was 29.1% and 28.8% for the three months ended March 31, 2022 and 2021, respectively.

The Company is subject to U.S. Federal income tax as well as various state taxing jurisdictions. The Company is no longer subject to examination by Federal taxing authorities for tax years prior to 2018 and for state taxing authorities for tax years prior to 2017.

There were no significant unrealized tax benefits recorded as of March 31, 2022 and 2021, and the Company does not expect any significant increase in unrealized tax benefits in the next twelve months.