INCOME TAXES

6 Months Ended

Jun. 30, 2020

INCOME TAXES

INCOME TAXES

NOTE 5.    INCOME TAXES

The following table sets out the tax expense and the effective tax rate for our income from continuing operations:

	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Income from continuing operations, before income taxes	$	33,889		$	26,550		$	56,187		$	39,084
Provision for income taxes	$	4,610		$	3,177		$	8,510		$	324
Effective tax rate		13.6	%		12.0	%		15.1	%		0.8	%

Our effective tax rates differ from the U.S. federal statutory rate of 21% for the three and six months ended June 30, 2020 and 2019, respectively, primarily due to the benefit of earnings in foreign jurisdictions which are subject to lower tax rates, partially offset by additional GILTI tax in the U.S. The effective tax rate for the first half of 2020 was higher than the same period in 2019 primarily due to the release of liabilities for uncertain tax positions in the first quarter of 2019.