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Income Taxes
 9 Months Ended
Sep. 30, 2022
Income Tax Disclosure [Abstract]  
Income Taxes
Note 17 - Income Taxes
The Company recorded $32.1 million of income tax expense and $45.5 million of income tax expense for the three months ended September 30, 2022 and 2021, respectively, and $55.6 million of income tax expense and $101.4 million of income tax expense for the nine months ended September 30, 2022 and 2021, respectively. The Company’s estimated effective tax rate for the nine months ended September 30, 2022 was 58.1%. The Company’s estimated annual effective tax rate differs from the U.S federal statutory rate of 21.0% as it reflects applicable U.S. state taxes and foreign taxes, inclusive of research and development credits. Furthermore, the Company’s annual effective rate considers the impact of state law changes and certain compensation expenses that will not have a corresponding deduction for tax.
The Company does not believe it has any significant uncertain tax positions and therefore has no unrecognized tax benefits as of September 30, 2022, that if recognized, would affect the annual effective tax rate.