Income Taxes

3 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

The Company had income tax expense of $1.3 million and $5.3 million in the first quarters of 2019 and 2018, respectively. The Company’s effective tax rates from continuing operations were 4.1% and 19.3% for the first quarters of 2019 and 2018, respectively. The Company received a tax benefit in both periods from stock price appreciation on stock-based awards that settled in the quarters, resulting in a lower than statutory tax rate.