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Income Taxes

9 Months Ended

Jun. 30, 2020

10.Income Taxes

The following table summarizes the Company’s income tax benefit or expense and effective income tax rate for the three and nine months ended June 30, 2020 and 2019.

	Three Months Ended June 30,						Nine Months Ended June 30,
	2020			2019			2020			2019
(Loss) income before income taxes	$	(2.7	)	$	42.7		$	(47.4	)	$	25.9
Income tax (benefit) expense		(0.3	)		11.0			(11.9	)		6.6
Effective income tax rate		11.1	%		25.8	%		25.1	%		25.5	%

The decrease in the effective tax rate for the three and nine months ended June 30, 2020 when compared to the three and nine months ended June 30, 2019, primarily related to the geographical distribution of the pre-tax loss as well as the provision to return adjustment that was recorded discretely during the period.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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