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INCOME TAXES
9 Months Ended
Sep. 30, 2018
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, 2018 and 2017 were based on the estimated effective tax rates applicable for the full years ending December 31, 2018 and 2017 and includes items specifically related to the interim periods. The Company’s effective tax rate was 26.4% and 30.8% for the nine months ended September 30, 2018 and 2017, respectively. The decrease in the Company’s effective tax rate for the nine months ended September 30, 2018 was primarily due to domestic tax rate reduction implemented by the Tax Act legislation in December 2017. The Company’s geographic mix of pretax income and the varying effective tax rates in the countries and states in which the Company operates also impacts its effective tax rate.
As of both September 30, 2018 and December 31, 2017, the Company had unrecognized tax benefits of approximately $0.9 million in both periods, respectively. These unrecognized tax benefit amounts would affect the effective tax rate if recognized. As of September 30, 2018, the Company is subject to U.S. Federal Income Tax examination for the tax years 2007 through 2017, and to non-U.S. income tax examination for the tax years 2010 through 2017. In addition, the Company is subject to state and local income tax examinations for the tax years 2007 through 2017.