Income Tax	3 Months Ended
Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Tax	Note 8 – Income Tax The Company’s effective tax rate was (0.2)% and 7.9% for the three months ended March 31, 2020 and 2019, respectively. Income tax expense of $0.1 million for the three months ended March 31, 2020 was primarily due to the change in valuation allowance against the Company’s deferred tax assets during the first three months of 2020. Income tax benefit of $0.7 million for the three months ended March 31, 2019 was primarily due to the change in valuation allowance against the Company’s deferred tax assets during the first three months of 2019. Deferred tax assets are evaluated by considering historical levels of income, estimates of future taxable income and the impact of tax planning strategies. The Company continues to evaluate its deferred tax asset valuation allowance on a quarterly basis. As of March 31, 2020, the Company’s 2017 and 2018 federal tax returns were under audit by the IRS.

Income Tax

3 Months Ended

Mar. 31, 2020

Note 8 – Income Tax

The Company’s effective tax rate was (0.2)% and 7.9% for the three months ended March 31, 2020 and 2019, respectively.

Income tax expense of $0.1 million for the three months ended March 31, 2020 was primarily due to the change in valuation allowance against the Company’s deferred tax assets during the first three months of 2020. Income tax benefit of $0.7 million for the three months ended March 31, 2019 was primarily due to the change in valuation allowance against the Company’s deferred tax assets during the first three months of 2019.

Deferred tax assets are evaluated by considering historical levels of income, estimates of future taxable income and the impact of tax planning strategies. The Company continues to evaluate its deferred tax asset valuation allowance on a quarterly basis.

As of March 31, 2020, the Company’s 2017 and 2018 federal tax returns were under audit by the IRS.