INCOME TAXES	6 Months Ended
Jun. 30, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company records a tax provision or benefit on an interim basis using an estimated annual effective tax rate. This rate is applied to the current period ordinary income or loss to determine the income tax provision or benefit allocated to the interim period. Losses from jurisdictions for which no benefit can be recognized and the income tax effects of unusual or infrequent items are excluded from the estimated annual effective tax rate and are recognized in the impacted interim period. The estimated annual effective tax rate may be significantly impacted by projected earnings mix by tax jurisdiction. Adjustments to the estimated annual effective income tax rate are recognized in the period when such estimates are revised. The Company’s effective tax rate for the three and six months ended June 30, 2020 was 29.0% and 34.7%, compared to 30.7% and 37.2%, respectively, for the comparable periods in 2019. As of June 30, 2020 and December 31, 2019, the Company had recorded $6.1 million and $6.4 million, respectively, of liabilities for unrecognized tax benefits and $1.9 million and $1.7 million, respectively, of interest. The Internal Revenue Service ("IRS") completed its examination of the Company’s tax years 2014-2016 and submitted its audit report to the Joint Committee on Taxation ("Joint Committee"). In July 2020, we received notification from the IRS that the Joint Committee has completed its review and taken no exception. No material adjustments were made to the previously filed returns as a result of this process. The Company believes that within the next 12 months uncertain tax positions may be resolved and statutes of limitations will expire which could result in a decrease in the gross amount of unrecognized tax benefits of $1.0 million.

INCOME TAXES

6 Months Ended

Jun. 30, 2020

INCOME TAXES The Company records a tax provision or benefit on an interim basis using an estimated annual effective tax rate. This rate is applied to the current period ordinary income or loss to determine the income tax provision or benefit allocated to the interim period. Losses from jurisdictions for which no benefit can be recognized and the income tax effects of unusual or infrequent items are excluded from the estimated annual effective tax rate and are recognized in the impacted interim period. The estimated annual effective tax rate may be significantly impacted by projected earnings mix by tax jurisdiction. Adjustments to the estimated annual effective income tax rate are recognized in the period when such estimates are revised.

The Company’s effective tax rate for the three and six months ended June 30, 2020 was 29.0% and 34.7%, compared to 30.7% and 37.2%, respectively, for the comparable periods in 2019.

As of June 30, 2020 and December 31, 2019, the Company had recorded $6.1 million and $6.4 million, respectively, of liabilities for unrecognized tax benefits and $1.9 million and $1.7 million, respectively, of interest.

The Internal Revenue Service ("IRS") completed its examination of the Company’s tax years 2014-2016 and submitted its audit report to the Joint Committee on Taxation ("Joint Committee"). In July 2020, we received notification from the IRS that the Joint Committee has completed its review and taken no exception. No material adjustments were made to the previously filed returns as a result of this process.

The Company believes that within the next 12 months uncertain tax positions may be resolved and statutes of limitations will expire which could result in a decrease in the gross amount of unrecognized tax benefits of $1.0 million.