Income Taxes

The following table presents the Company's provision (benefit) for income taxes for the first three quarters ended September 29, 2015 and September 30, 2014 (dollars in thousands):



	Fiscal Quarter Ended						Three Fiscal Quarters Ended
	September 29, 2015			September 30, 2014			September 29, 2015			September 30, 2014
(Benefit) provision for income taxes	$	(5,872	)	$	1,990		$	(5,911	)	$	5,380
Effective tax rate	37.4		%	40.3		%	38.3		%	40.5		%

5. Income Taxes (continued)

The effective tax rate for the third quarter of 2015 and the first three quarters of 2015 reflects a projected federal tax rate of 34%, compared to 35% for the third quarter of 2014 and the first three quarters of 2014. The 2015 estimated annual effective tax rate is expected to be between 38% and 39% compared to 38.4% for 2014.