INCOME TAXES	3 Months Ended
Mar. 31, 2020
INCOME TAXES
INCOME TAXES	NOTE 6—INCOME TAXES The Company’s effective tax rate for the quarters ended March 31, 2020 and March 31, 2019 was 27.2% and 60.0% based on pretax loss of $1.9 million and $2.2 million, respectively. The Company’s effective tax rate for the quarter ended March 31, 2020 was impacted by the earnings and losses in certain foreign jurisdictions and the impact of restricted stock units vesting. The Company’s effective tax rate for the quarter ended March 31, 2019 was greater than the statutory rate primarily due to the impact of projected earnings in foreign jurisdictions and non-deductible expenses. During the quarter ended March 31, 2020, the Company has recorded the impact of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) signed into law on March 27, 2020. The CARES Act implemented changes to raise the limitation on interest expense current deductibility and leasehold improvement asset classification for bonus depreciation eligibility, which allowed the Company to reduce prior accruals made for its 2019 income tax provision. The tax effect of these changes total $0.9 million and are included in Prepaid expenses and other current assets and Deferred tax assets; there is no impact on the Company’s effective tax rate for the quarter ended March 31, 2020 as a result of the CARES Act.

NOTE 6—INCOME TAXES

The Company’s effective tax rate for the quarters ended March 31, 2020 and March 31, 2019 was 27.2% and 60.0% based on pretax loss of $1.9 million and $2.2 million, respectively. The Company’s effective tax rate for the quarter ended March 31, 2020 was impacted by the earnings and losses in certain foreign jurisdictions and the impact of restricted stock units vesting. The Company’s effective tax rate for the quarter ended March 31, 2019 was greater than the statutory rate primarily due to the impact of projected earnings in foreign jurisdictions and non-deductible expenses.

During the quarter ended March 31, 2020, the Company has recorded the impact of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) signed into law on March 27, 2020. The CARES Act implemented changes to raise the limitation on interest expense current deductibility and leasehold improvement asset classification for bonus depreciation eligibility, which allowed the Company to reduce prior accruals made for its 2019 income tax provision. The tax effect of these changes total $0.9 million and are included in Prepaid expenses and other current assets and Deferred tax assets; there is no impact on the Company’s effective tax rate for the quarter ended March 31, 2020 as a result of the CARES Act.