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INCOME TAXES
9 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]  
INCOME TAXES
INCOME TAXES
The Company’s income tax provision consists of federal, state and foreign income taxes. The tax provisions for the three months ended September 30, 2017 and 2016 were based on the estimated effective tax rates applicable for the full years ending December 31, 2017 and 2016 and includes items specifically related to the interim periods. The Company’s effective tax rate was 30.8% and 34.7% for the nine months ended September 30, 2017 and 2016, respectively. The decrease in the Company's tax rate was related primarily to the reversal of a valuation allowance against certain foreign jurisdiction deferred tax assets recorded during the period ended September 30, 2017. The Company believes it will have sufficient future taxable income to realize its net operating loss carryforwards in this foreign jurisdiction. The decrease in the tax rate was also related to an increase in tax benefits related to the vesting of equity awards during the nine months ending September 30, 2017. In addition, the effective tax rate was impacted by the geographic mix of pretax income and the varying effective tax rates in the countries and states in which the Company operates.
As of both September 30, 2017 and December 31, 2016, the Company had unrecognized tax benefits of approximately $0.9 million. These unrecognized tax benefit amounts would affect the effective tax rate if recognized.  As of September 30, 2017, the Company is subject to U.S. Federal Income Tax examination for the tax years 2007 through 2016, and to non-U.S. income tax examination for the tax years 2010 through 2016. In addition, the Company is subject to state and local income tax examinations for the tax years 2007 through 2016.