XML 60 R43.htm IDEA: XBRL DOCUMENT v3.20.2
INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2020
INCOME TAXES  
Schedule of effective tax rate that differs from that computed at the federal statutory rate

Three Months Ended

    

Six Months Ended

June 30, 

June 30, 

2020

    

2019

2020

    

2019

Federal corporate tax rate

21.00

%  

21.00

%  

21.00

%  

21.00

%  

Effect of:

State taxes, net of federal benefit

1.66

(2.47)

1.61

(0.51)

General business tax credits

(1.61)

(0.55)

(1.47)

(0.68)

Nontaxable income

(0.71)

(1.27)

(0.71)

(0.89)

Other, net

(0.98)

(1.72)

(0.36)

(0.63)

Effective tax rate

19.36

%  

14.99

%  

20.07

%  

18.29

%