Income Taxes (Tables)

6 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision (benefit) for income taxes consists of the following:

	Three Months Ended				Six Months Ended
	June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
	(in thousands)
Current	$	6,543	$	(789)	$	3,990	$	5,354
Deferred	(1,911)		5,228		2,747		5,061
Income tax provision	$	4,632	$	4,439	$	6,737	$	10,415

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation of the Federal statutory income tax rate to the effective income tax rate is as follows:

	Three Months Ended				Six Months Ended
	June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Federal statutory rate	21.0	%	21.0	%	21.0	%	21.0	%
State income taxes, net of Federal benefit	(0.2)		4.4		3.0		4.8
Excess tax benefits	(1.9)		(3.8)		(7.8)		(3.8)
Return to provision adjustments	(0.3)		—		(0.3)		—
Other	(0.3)		(1.6)		(0.5)		(1.2)
Effective tax rate	18.3	%	20.0	%	15.4	%	20.8	%