Income Taxes

6 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The income tax benefit was $3,765 for the three months ended June 30, 2021 resulting in an effective tax rate of 16.1%. The income tax expense was $5,292 for the three months ended June 30, 2020 resulting in an effective tax rate of 14.6%.

The income tax benefit was $6,372 for the six months ended June 30, 2021 resulting in an effective tax rate of 16.2%. The income tax benefit was $4,218 for the six months ended June 30, 2020 resulting in an effective tax rate of (16.4)%. The net increase in the effective income tax rate for the six months ended June 30, 2021 as compared to the prior period in 2020 is primarily due to the discrete tax benefits recognized during the six months ended June 30, 2020 under the Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act, which did not occur during the six months ended June 30, 2021.

During the six months ended June 30, 2021 and 2020, the Company received $3,078 and $2,036, respectively, of cash primarily related to refundable French Research & Development Tax Credits generated in prior years.