XML 33 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Income Taxes
9 Months Ended
Sep. 30, 2020
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesThe Company's effective income tax rate was 21.8% for the three months ended September 30, 2020, compared to 25.2% for the same three month period in 2019. The effective income tax rate was 105.4% for the nine months ended September 30, 2020, compared to 25.1% for the same period in 2019. The rate decrease during the third quarter is due primarily to the benefit of statute-related adjustments and income mix shifts. The rate increase for the nine months ended September 30, 2020 is primarily due to a non-deductible goodwill impairment charge and certain transaction and other costs incurred during the period.