Income Taxes (Tables)

3 Months Ended

Mar. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The following table presents components of income tax expense for the three months ended March 31, 2021 and 2020:

	Three months ended March 31,
(in thousands, except percentages)	2021		2020
Income tax based on income from continuing operations, at estimated tax rates of 30.1% and 36.5%, respectively	$	11,332	$	7,309
Income tax before discrete items	11,332		7,309
Discrete tax expense:
Exercise of U.S. stock options	(142)		—
Adjustments to prior period tax liabilities	(1,443)		(112)
Provision for/resolution of tax audits and contingencies, net	278		(244)
Out-of-period adjustments	—		1,830
Tax effect of non-deductible foreign exchange loss on intercompany loan	—		3,668
Other	15		3
Total income tax expense	$	10,040	$	12,454