Income Taxes

3 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

Income tax expense (benefit) and the effective income tax rate were as follows:

	Three Months Ended June 30,
	2021			2020
Income tax expense (benefit)	$	13,527		$	(99)
Effective income tax rate	21.9		%	1.2		%

The tax provisions during the three months ended June 30, 2021 and 2020 were computed using the estimated effective income tax rate applicable to each of the domestic and foreign taxable jurisdictions for the fiscal year ending March 31, 2022 and were adjusted for discrete items that occurred within the periods presented above.

During the three months ended June 30, 2021, the increase in the effective income tax rate, compared to the prior period, was primarily due to higher income from operations as well as changes in the jurisdictional mix of worldwide income before income taxes forecasted for the fiscal year ending March 31, 2022, compared to the prior period, which recognized a tax benefit due to an operating loss.