Income Taxes	3 Months Ended
Mar. 31, 2021
Income Taxes
Income Taxes	Note 15—Income Taxes The Company’s effective income tax rates were 25.5% and 26.2% for the quarters ended March 31, 2021 and 2020, respectively. The lower effective income tax rate during the quarter ended March 31, 2021 compared to the quarter ended March 31, 2020 was primarily due to a higher net permanent tax deduction for equity compensation in the quarter ended March 31, 2021. The CARES Act, passed in March 2020, introduced a number of tax law changes which are generally taxpayer favorable and in December 2020, the Taxpayer Certainty and Disaster Tax Relief Act was signed into law. No material changes in our effective income tax rates resulted from either Act.

- 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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