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Income Taxes
6 Months Ended
Mar. 31, 2014
Income Taxes

12. Income Taxes

The United States statutory tax rate for the three and six months ended March 31, 2014 and 2013 was 35%. The Company’s effective tax rates for the three months ended March 31, 2014 and 2013 were 32.3% and 32.6%, respectively. The Company’s effective tax rates for the six months ended March 31, 2014 and 2013 were 32.0% and 31.5%, respectively. Compared to the United States statutory rate of 35%, the Company’s lower effective tax rates for each of the periods ended March 31, 2014 and 2013 primarily resulted from a manufacturers’/producers’ deduction available to U.S. manufacturers.

From time to time the Company is the subject of audits by various tax authorities that can result in claims and assessments and additional tax payments, penalties and interest. The United States Internal Revenue Service (“IRS”) is in the process of conducting an audit of the Company’s United States Federal income tax returns for fiscal year 2012. Management believes that the outcome of such audit will not have a material effect on the Company’s financial position, results of operations or cash flows.