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Income Taxes
3 Months Ended
Mar. 31, 2021
Income Tax Disclosure [Abstract]  
Income Taxes INCOME TAXESThe Company recognized income tax expense of $5.0 million and $7.2 million for the three months ended March 31, 2021 and 2020, respectively. The decrease in tax expense in the current-year quarter was largely due to lower pre-tax income levels, and the recognition of $1.1 million more excess tax benefits from stock compensation activity compared to the prior-year quarter. The Company’s effective tax rate for the three months ended March 31, 2021 was 18.4%, compared to 23.5% in the prior-year quarter.