v3.22.2.2
Income Taxes
9 Months Ended
Sep. 30, 2022
Income Taxes [Abstract]  
Income Taxes

16. Income Taxes

Our effective income tax rate for the nine months ended September 30, 2022 and 2021 was (13.1)% and 20.8%, respectively.  During the nine months ended September 30, 2022 we recorded a full valuation allowance of $30.4 million against our net deferred tax assets primarily due to recent net losses, including the current period net loss. (See Note 2).   The effective rate for the nine months ended September  30, 2021 varied from the statutory tax rates primarily due to tax exempt interest income.