Taxes on Income

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Taxes on Income

(8) Taxes on Income

At both March 31, 2022 and December 31, 2021, the Company had a federal income tax receivable of $71.0 million included in Accounts Receivable – Other on the balance sheets. During the three months ended March 31, 2021, the Company received a tax refund of $119.5 million, including accrued interest, for its 2019 federal tax return related to net operating losses being carried back to offset taxable income generated between 2014 and 2017.

Earnings (loss) before taxes on income and details of the provision (benefit) for taxes on income were as follows (in thousands):

	Three Months Ended March 31,
	2022		2021
Earnings (loss) before taxes on income:
United States	$	23,654	$	(3,619	)
Foreign		145		(392	)
	$	23,799	$	(4,011	)
Provision (benefit) for taxes on income:
Federal:
Current	$	—	$	—
Deferred		5,257		(603	)
State and local:
Current		263		(358	)
Deferred		599		70
Foreign - current		94		—
	$	6,213	$	(891	)