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INCOME TAXES
9 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
INCOME TAXES
INCOME TAXES
The Company's effective income tax rates were 3,670.3% and 35.7% for the three months ended December 31, 2015 and 2014, respectively.  Generally, the effective tax rate differs from the statutory tax rate due to the impact of the domestic production activities deduction, research and development credit, the impact of state taxes and income generated in jurisdictions that have a different tax rate than the U.S. statutory rate. The effective tax rate for the three months ended December 31, 2015 is higher than the effective rate for the three months ended December 31, 2014 primarily related to a decrease in profit before taxes due to Transaction related expenses recorded in the quarter, increased research and development credits attributable to acquired companies and a change in the jurisdictional mix of earnings.
Our effective tax rates were 1.0% and 37.9% for the nine months ended December 31, 2015 and 2014, respectively. The effective tax rate is lower than the comparable period in the prior year primarily due to the decrease in profit before taxes due to Transaction related expenses recorded in the first nine months of fiscal year 2016, an increase in research and development tax credits attributable to acquired companies and a change in the jurisdictional mix of earnings.