Quarterly report pursuant to Section 13 or 15(d)

Income Taxes (Tables)

v3.20.2
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2020
Income Tax Disclosure [Abstract]  
Summary of Income Tax Expense (Benefit) and Effective Tax Rate

Income tax expense (benefit) and the effective tax rate for the three and six months ended June 30, 2020 and 2019 were as follows (dollar amounts in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Income tax expense / (benefit)

 

$

(4,307

)

 

$

20,798

 

 

$

3,122

 

 

$

52,522

 

Effective tax rate

 

 

7.2

%

 

 

18.4

%

 

 

-28.6

%

 

 

19.1

%