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Note 10 - Income Taxes
 9 Months Ended
Sep. 30, 2021
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

10.

Income Taxes

 

The Company files income tax returns in the United States Federal jurisdiction, in a limited number of foreign jurisdictions, and in many state jurisdictions. With few exceptions, the Company is no longer subject to United States Federal, state, or foreign income tax examinations for years before 2017.

 

The Company recorded income tax expense at an estimated effective income tax rate of 27.9% and 26.1% for the three and nine months ended September 30, 2021, respectively, and 26.6% and 27.7% for the three and nine months ended September 30, 2020, respectively. The Company’s estimated effective income tax rates for the three and nine months ended September 30, 2021 were primarily impacted by non-deductible permanent differences. The Company’s estimated effective income tax rates for the three and nine months ended September 30, 2020 were primarily impacted by costs associated with the acquisition of Geneva that were non-deductible for tax purposes.