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INCOME TAXES
9 Months Ended
Dec. 31, 2016
Income Tax Disclosure [Abstract]  
INCOME TAXES
INCOME TAXES
The Company's effective income tax rates were 30.6% and 3,670.3% for the three months ended December 31, 2016 and 2015, 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, 2016 is lower than the effective rate for the three months ended December 31, 2015, primarily related to a decrease in profit before taxes and the associated volatility related to the low profit before tax coupled with significant timing differences due to transaction related expenses recorded in the three months ended December 31, 2015 and a change in the jurisdictional mix of earnings.
The Company's effective income tax rates were 28.4% and 1.0% for the nine months ended December 31, 2016 and 2015, respectively. The effective tax rate for the nine months ended December 31, 2016 is higher than the effective rate for the nine months ended December 31, 2015, primarily due to a change in the jurisdictional mix of earnings and losses for the nine months ended December 31, 2015 due to acquisition related costs.