Income Taxes (Tables)

9 Months Ended

Sep. 30, 2020

Income Taxes

Schedule of provision (benefit) for income taxes and effective tax rates

The Company's provision (benefit) for income taxes and effective tax rates for the three and nine months ended September 30, 2020 and 2019 are presented in the following table:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
	(Dollars in thousands)
Earnings (loss) before provision (benefit) for income taxes	$	(3,733)		$	8,614		$	(15,016)		$	15,758
Income tax provision (benefit)	$	2,136		$	2,029		$	(1,426)		$	3,691
Effective tax rate		(57.2)	%		23.6	%		9.5	%		23.4	%