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Note 12 - Income Taxes
6 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

(12)     Income Taxes

 

The determination of income tax expense in the accompanying unaudited condensed consolidated statements of income is based upon the estimated effective tax rate for the year, adjusted for the impact of any discrete items which are accounted for in the period in which they occur. The Company recorded income tax expense of approximately 20.8% and 25.6% of income before income tax expense for the three-month periods ended June 30, 2020 and 2019, respectively. The Company recorded income tax expense of approximately 18.9% and 24.0% of income before income tax expense for each of the six-month periods ended June 30, 2020 and 2019, respectively.