Income Taxes (Tables)

6 Months Ended

Jun. 30, 2022

Income Tax Disclosure [Abstract]

Summary of Income Tax Expense and Effective Tax Rate

The following table summarizes the Company’s income tax expense and effective tax rate for the three and six months ended June 30, 2022 and 2021.

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2022			2021			2022			2021
	(in thousands)
Income before provision for income taxes	$	20,748		$	69,982		$	30,582		$	134,608
Provision for income taxes		44,769			29,102			87,085			63,650
Effective tax rate		216	%		42	%		285	%		47	%