XML 78 R56.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
[1]
Sep. 30, 2016
[1]
Jun. 30, 2016
[1]
Mar. 31, 2016
[1]
Dec. 31, 2015
[1]
Sep. 30, 2015
[1]
Jun. 30, 2015
[1]
Mar. 31, 2015
[1]
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Difference between income tax provision computed at the statutory Federal income tax rate and financial statement income tax related to continuing operations                      
Provision at Federal rate of 35%                 $ 35,000 $ 33,719 $ 21,533
State income taxes, net of Federal impact                 2,662 2,652 2,132
Research and experimentation credits                 (71) (2,135) (450)
Tax uncertainties                 (1,597) (166) 187
Section 199 manufacturing deduction                 (4,060) (2,884) (1,936)
Foreign rate differential                 857 688 2,847
Valuation allowance for deferred tax assets                 1,287 919 3,602
Other impact of foreign operations                 2,157 283 (3,555)
Other                 882 698 1,451
Total income tax provision $ 6,814 $ 12,265 $ 6,448 $ 11,590 $ 5,573 $ 11,196 $ 9,652 $ 7,353 $ 37,117 $ 33,774 $ 25,811
[1] Fluctuations in our effective income tax rate between quarters generally relates to the accounting for discrete income tax items in any given quarter, and revisions of estimates for certain income tax components during the year. •For 2016: Our effective income tax rates for the first, second, third, and fourth quarters were 35%, 37%, 41%, and 35%, respectively. •For 2015: Our effective income tax rates for the first, second, third, and fourth quarters were 44%, 43%, 40%, and 19%, respectively. The low fourth quarter rate can be mainly attributed to full year impact of the 2015 R&D tax credits, as the legislation was not passed until December 2015.