XML 63 R50.htm IDEA: XBRL DOCUMENT v3.20.4
INCOME TAXES - Reconciliation between the federal statutory rate and effective tax rate (Details)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
INCOME TAXES      
Federal statutory rate 21.00% 21.00% 21.00%
State income taxes, net of federal benefit 1.40% 1.00% 1.50%
Research and experimentation credit (1.50%) (1.20%) (0.80%)
Non-deductible expenses 0.10% (0.70%) 0.40%
Change in contingencies 0.10% (0.10%) 0.40%
Adjustments related to the Act     (0.30%)
Adjustments related to vesting of restricted stock (1.50%) (1.50%) (1.80%)
Other 0.90% (0.50%) (0.30%)
Effective tax rate 20.50% 18.00% 20.10%