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Income Taxes
3 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
INCOME TAXES
(13) INCOME TAXES


Our effective income tax rate was 67.4% and (236.9%) for the three months ended March 31, 2022 and 2021, respectively. Our effective income tax rate for the three months ended March 31, 2022 was higher than the applicable statutory income tax rate of 21% aa result of our U.S. deferred tax activity on foreign exchange positions and certain of our foreign earnings being subject to higher local statutory tax rates. Our effective income tax rate for the three months ended March 31, 2021 was lower than the applicable statutory income tax rate of 21% as a result of the non-recognition of tax benefits from losses in certain foreign countries where we have a limited history of profitable earnings, certain of our foreign earnings of being subject to higher local statutory tax rates, and our U.S. deferred tax activity on foreign exchange positions.