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INCOME TAXES - Provision for Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
[1]
Sep. 30, 2016
[2]
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Current income taxes                      
Federal                 $ 22,533 $ 20,433 $ 23,876
State                 2,550 2,478 3,358
Total                 25,083 22,911 27,234
Deferred income taxes                      
Federal                 1,576 (857) (1,754)
State                 64 (29) (164)
Total                 1,640 (886) (1,918)
Total income tax provision $ 6,583 $ 6,066 $ 6,950 $ 7,124 $ 3,130 $ 4,153 $ 7,280 $ 7,462 $ 26,723 $ 22,025 $ 25,316
[1] The Company’s lower effective tax rate in the fourth quarter of 2016 (19%) was primarily attributable to the Company amending its 2014 and 2013 federal income tax returns to recognize favorable benefits related to the domestic production activities deduction, which increased basic and diluted earnings per share by approximately $0.03 during the quarter. (See Note 9)
[2] The Company’s lower effective tax rate in the third quarter of 2016 (20%) was primarily attributable to favorable benefits related to the domestic production activities deduction and federal research and development credit, which increased basic and diluted earnings per share by approximately $0.05 during the quarter. (See Note 9)