XML 26 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
INCOME TAXES
9 Months Ended
Sep. 30, 2013
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 and nine months ended September 30, 2013 and 2012 were based on the estimated effective tax rates applicable for the full years ending December 31, 2013 and 2012, after giving effect to items specifically related to the interim periods.  The Company’s effective tax rate was 35.9% for the three months ended September 30, 2013 and 36.1% for the three months ended September 30, 2012. The Company’s effective tax rate was 38.4% for the nine months ended September 30, 2013 and 36.6% for the nine months ended September 30, 2012. The increase in the Company's effective tax rate for the nine months ended September 30, 2013, was primarily a result of certain non-deductible items and the geographic mix of pretax income and the different tax rates of these jurisdictions.
 
As of September 30, 2013 and December 31, 2012, the Company had unrecognized tax benefits of approximately $0.8 million and $1.2 million, respectively.  These unrecognized tax benefits amounts would affect the effective tax rate if recognized.  As of September 30, 2013, the Company is subject to U.S. Federal income tax examinations for the tax years 2009 through 2012, and to non-U.S. income tax examinations for the tax years 2004 through 2012.  In addition, the Company is subject to state and local income tax examinations for the tax years 2004 through 2012.