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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2021
Income Tax Disclosure [Abstract]  
Summary of Provision for Income Taxes and Corresponding Effective Tax Rate

A summary of the provision for income taxes and the corresponding effective tax rate for the three months ended March 31, 2021 and 2020, is shown below:

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Income tax expense

 

$

7,565

 

 

$

5,406

 

Earnings before income tax

 

$

40,474

 

 

$

17,279

 

Effective tax rate

 

 

18.7

%

 

 

31.3

%