Income Tax Expense (Benefit)

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Income Tax Expense (Benefit)

13. INCOME TAX EXPENSE (BENEFIT)

The Company recorded an income tax benefit of $1.2 million and income tax expense of $2.1 million for the three months ended March 31, 2022 and 2021, respectively. The effective tax rate for the three months ended March 31, 2022 was 39.4% recorded on a loss from continuing operations before taxes of $3.0 million. The tax rate for the three months ended March 31, 2022 was largely impacted by the release of withholding tax related to unrepatriated earnings of our Russian subsidiary, which are not expected to be distributed in the foreseeable future.

The effective tax rate for the three months ended March 31, 2021 was 20.0% recorded on income from continuing operations before taxes of $10.3 million.