Income Taxes

9 Months Ended

Sep. 30, 2021

Income Tax Disclosure [Abstract]

Income Taxes

Note 5 Income Taxes

The effective tax rate on Income before income taxes for the three and nine months ended September 30, 2021 was 29.3% and 20.3%, respectively. The effective tax rate for the nine months ended September 30, 2021 was lower than normal due primarily to the reduction of tax accruals resulting from expirations of state statute of limitations for prior tax years.

The effective tax rate on Income before income taxes for the three and nine months ended September 30, 2020 was 5.8% and 6.5%, respectively. These effective tax rates were lower than normal due primarily to the income tax benefits of the CARES Act.