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Income Tax
9 Months Ended
Sep. 30, 2020
Income Tax Disclosure [Abstract]  
Income Tax Income Tax
The Company’s effective income tax rate was 0.2% and (0.2)% for the three and nine months ended September 30, 2020, respectively, and (2.2)% and 5.3% for the three and nine months ended September 30, 2019, respectively.
Income tax benefit of $0.02 million and income tax expense of $0.2 million for the three and nine months ended September 30, 2020, respectively, and income tax expense of $0.2 million and benefit of $1.8 million for the three and nine months ended September 30, 2019, respectively, in each case were primarily due to the change in valuation allowance against the Company’s deferred tax assets during the three and nine months ended September 30, 2020 and 2019. Deferred tax assets are evaluated by considering historical levels of income, estimates of future taxable income, and the impact of tax planning strategies. The Company continues to evaluate its deferred tax asset valuation allowance on a quarterly basis.
As of September 30, 2020, the Company’s 2017 and 2018 federal tax returns were under audit by the IRS.