Quarterly report pursuant to Section 13 or 15(d)

Income Taxes (Tables)

v3.22.2
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2022
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)
The calculation of our effective tax rate is as follows for the three and six months ended June 30, 2022 and 2021 (in thousands, except percentages):
Three Months Ended
June 30,
Six Months Ended
June 30,
2022 2021 2022 2021
Income before income taxes $ 152,338  $ 71,676  $ 276,727  $ 133,703 
Income tax expense $ 33,444  $ 14,630  $ 59,933  $ 26,605 
Effective tax rate 22.0  % 20.4  % 21.7  % 19.9  %