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Income Taxes
 6 Months Ended
Jun. 30, 2022
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
In the six months ended June 30, 2022 and 2021, the Company had an effective tax rate of 26.8% and (169.6)%, respectively. The effective tax rate in both periods was impacted by losses in certain jurisdictions where the Company presently has recorded a valuation allowance against the related tax benefit. Excluding this valuation allowance, our effective tax rate for the six months ended June 30, 2022 and 2021 would have been 23.2% and 104.3% respectively. During both the six months ended June 30, 2022 and 2021, the Company recorded a discrete net benefit of $2.2 million and $0.6 million, respectively, primarily related to extinguishment of long-term debt and share-based compensation.
The effective tax rate reported in any given year will continue to be influenced by a variety of factors, including timing differences between the recognition of book and tax revenue, the level of pre-tax income or loss, the foreign vs. domestic classification of the Company’s customers, and any discrete items that may occur.
During the six months ended June 30, 2022 and 2021, the Company paid approximately $3.5 million and $4.0 million, respectively, in foreign source creditable withholding tax.